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Gas price in Europe dropped below $ 1,500

by alex

ICE: the price of gas in Europe at the close of trading fell below $ 1,500 per 1,000 cubic meters. m

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The price of gas in Europe at the close of exchange trading on Thursday dropped below $ 1,500 per 1,000 cubic meters. This is evidenced by the data of the London stock exchange ICE.

The price of the January futures contract on the TTF hub in the Netherlands fell to $ 1,478 per 1,000 cubic meters, or € 126.3.
The overall decline in gas prices since the beginning of the day is already more than 27 percent.

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On December 21, the exchange price of gas in Europe rose to $ 2,150 per thousand cubic meters and broke another record. A day earlier, the price of gas set a historic record when it exceeded $ 2,000 per thousand cubic meters.

The rise in gas prices in Europe is taking place against the backdrop of the termination of supplies by Gazprom through the Yamal-Europe gas pipeline passing through the territory of Belarus and Poland. Fuel began to flow through it in the reverse direction towards Poland.

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