Gas stock prices in Europe fell 7 percent on Tuesday evening to below $850 per thousand cubic meters for the first time since February 21, according to the London-based ICE exchange. It has been reported DEA News.
The publication notes that January futures on the TTF index (Europe’s largest headquarters, located in the Netherlands) are trading in the red at $882.1 per thousand cubic meters (-3%). As of 19:52 Moscow time, their cost is $849.68 (-7%).
The agency emphasizes that this figure has reached the lowest level since February 21. The dynamics of the quotes are based on the settlement price of the previous trading day, Friday (futures were not traded on Monday), – $ 909.5 per thousand cubic meters.
Former Austrian Minister of Labor and Economy Martin Kocher declaration In an interview with Der Standard, he said that energy prices in EU countries will fall over time due to the creation of new infrastructure for the distribution of hydrocarbons.
According to him, “ideally” EU countries will be able to moderate the development of prices in the short run and then remove the causes of their growth at the European level.