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Gas prices in Europe up 3%

Gas prices in Europe up 3%
06.06.2023 13:00
Gas futures rose by 3% in Europe on Tuesday, reported from data from London's ICE.

July (nearest) futures on the TTF index (the largest hub in Europe located in the Netherlands) opened trading at $323.2 per thousand cubic meters (+2.6%). Then they rose to $324.9 (+3.1%).

The dynamics of quotations is based on the settlement price of the previous trading day - $315.1 per thousand cubic meters.

The day before, futures were up 23% to $325. Experts attributed this to the expected growth in demand for gas in Europe and Asia due to the seasonal factor and scheduled repairs to the gas infrastructure that have begun.

www.anews.az
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