ECONOMY

Wed 15 Mar 2023 8:35 pm - Jerusalem Time

Low gas prices in Europe

London - "Jerusalem" dot com - Gas prices in Europe fell, in trading today, Monday, by about 8%, to below the level of $ 1100 per thousand cubic meters, according to data from the London Stock Exchange ICE.


Gas futures contracts opened today's trading on the TTF index, at the level of $ 1099.4 per thousand cubic meters, and quickly fell by (09:09) Moscow time to the level of $ 1059.7.


Regarding the reasons for the decline in gas prices in European markets, analysts pointed out that this is due to the stability of the market in light of the high level of occupancy of underground gas storage facilities, and analysts did not rule out that the countries of the continent would face a new rise in prices.


Despite the decline in blue fuel prices in European markets, prices are still several times higher than last year's levels.

Tags

Share your opinion

Low gas prices in Europe

MORE FROM ECONOMY