Gas prices in Europe exceed $920

16:00 | 06.06.2022
Gas prices in Europe exceed $920

Gas prices in Europe exceed $920

Gas futures on the London ICE exchange rose slightly, exceeding $920 per 1,000 cubic meters, reported from the ICE Futures platform.

July futures on the index of the largest European hub TTF opened trading at $938.8. So far, the price minimum is $912.8, and the maximum is $940.8. 

Gas prices in Europe jumped sharply this year after the outbreak of hostilities in Ukraine: on February 23, the settlement price of the nearest futures was $1,038.6 per 1,000 cubic meters, and on February 24 it jumped by almost 50% - to $1,555.5.

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