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Gas prices in Europe falling below $800/1,000 cubic meters

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Gas prices in Europe falling below $800/1,000 cubic meters

Natural gas prices in Europe fell below $800 per 1,000 cubic meters during the trading session for the first time since December 31, 2022.

Axar.az reports that such price dynamics is observed against the background of talks between Russian President Vladimir Putin and German Chancellor Olaf Scholz.

March futures at the TTF hub in the Netherlands dropped to $798.9 per 1,000 cubic meters or 68 euro per MWh.

Gas prices lost over 15% from the trading session’s start.
Date
2022.02.15 / 22:32
Author
Axar.az
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