The price of gas in Europe fell below $935 per 1,000 cubic meters
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According to the London Stock Exchange ICE, exchange prices for gas in Europe fell below $935 per 1 thousand cubic meters. m, losing more than 7%.
January futures on the TTF index opened trading in the red at about $960 per 1,000 cubic meters. m (-4.9%). As of 12:02 Moscow time, the fall accelerated to 7.5%, to $932. The dynamics of quotations is based on the settlement price of the previous trading day – $1,007.7 per 1,000 cubic meters. m.
December 22 gas price in Europe went down below $1,000 for the first time since October 26. Since the beginning of the day, the overall decline in gas prices in Europe amounted to about 7%.
On 22 December the Council of Europe officially approved gas price ceiling at €180 per MWh (approximately €1.85 thousand per 1 thousand cubic meters). It will come into effect on February 15, 2023, subject to a number of conditions.
More about this – in the publication “Kommersant” “Thier gas, lower ceiling”.
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