Today: Tuesday, 23 April 2024 year

Gas prices in Europe fell below $450 per thousand cubic meters.

Gas prices in Europe fell below $450 per thousand cubic meters.

Gas prices in Europe at auction on Thursday for the first time since July 27, 2021 fell below $450 per thousand cubic meters, losing about 3%, according to the London ICE exchange.

April (nearest) futures on the TTF index (the largest hub in Europe, located in the Netherlands) opened trading at $447.3 (-3.2%) per thousand cubic meters. The dynamics of quotations is based on the settlement price of the previous trading day – $461.9 per thousand cubic meters.