Gas price in Europe settled below $650

Gas price in Europe settled below $650
# 26 January 2023 09:38 (UTC +04:00)

The price of 1,000 cubic meters of gas in Europe settled below $650 at the beginning of auctions held yesterday, APA-Economics reports.

On January 23, the February futures price on the TTF index (the Netherlands' "Title Transfer Facility" - which is considered the most liquid virtual sales center in Europe) was $648,6, which is 1,2 % less than the previous calculation price ($656,7 ).

Notably, on March 7 of this year, the gas price in Europe rose to a maximum of 3,900 dollars.

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