Gas prices in Europe grow 11%

Exchange prices for gas in Europe accelerated the growth rate to 11% and reached $1,350 per 1,000 cubic meters, reported from the data of the London Stock Exchange ICE.

December futures on the index of the largest European hub TTF, located in the Netherlands, opened trading at $1,294.5 per 1,000 cubic meters (+6.9%). Then they reached $13,44.5 (+11%). The dynamics of quotations is based on the settlement price of the previous trading day - $1,211 per 1,000 cubic meters.

The cost of gas following the trading on November 14 rose by 20%, to about $1,250 per 1,000 cubic meters.

12:10

Exchange prices for gas in Europe rose by about 5%, exceeding $1,250 per 1,000 cubic meters, Report informs referring to the data of the London Stock Exchange ICE.

December futures on the index of the largest European hub TTF, located in the Netherlands, opened trading at $1,268.5 (+4.8%). The dynamics of quotations is based on the settlement price of the previous trading day – $1,211 per 1,000 cubic meters.

The price of gas on the exchange on the basis of trading on November 14 jumped by 20%, to about $1,250 per 1,000 cubic meters.





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