Analysts at the Fitch rating agency predict that spot gas prices in Europe in 2024 could fall by 23% compared to last year. The newspaper read the review “Vedomosti”.
According to experts’ expectations, average gas prices in Europe’s largest TTF center will drop to 353 dollars per 1 thousand cubic meters. m., compared to $459 a year ago.
The previous forecast showed that the cost of energy would fall less significantly, to $423.6 per 1 thousand cubic meters. Experts announced that the forecast was revised downwards due to the weak fuel demand in the region and the high reserves of underground gas storage facilities (UGS).
previous day reported About the unexpected increase in Russia’s gas supplies to Europe. Pipeline gas imports from the Russian Federation to European Union countries increased by 25 percent in the January-February period compared to the same period of 2023.
Previously the price of Brent oil updated Maximum since November last year.
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Source: Gazeta
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