The price of natural gas in Europe fell below 400 dollars per 1000 cubic meters.

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During currency trading in Europe, the foreign exchange prices of gas fell below $400 per 1,000 cubic metres. m and decreases by 18%. This is due to the data of the ICE exchange.

Gas prices fluctuated in Europe during currency trading before exceeded $500 per 1,000 cubic meters, according to data from the ICE exchange, this is the first time since June 15, 2023. At the TTF headquarters in the Netherlands, the cost of the September futures contracts rose to $502 per 1,000 cubic meters. m.

Before that, the gas price on the stock market in Europe rose The rise in prices, as reported by Bloomberg, is linked to the impending strike of workers at liquefied natural gas (LNG) production facilities in Australia demanding higher wages, up to $480 per 1,000 cubic meters.

In addition, Igor Yushkov, an expert of the Financial University of the Russian Government gave an ideaEurope will be threatened with further deindustrialisation if gas prices are high during the upcoming heating season.

It was previously known how long the oil would last remain the main resource world energy.

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