Gas prices in Europe drop by 13%

Gas prices in Europe drop by 13%
# 08 September 2022 11:14 (UTC +04:00)

Gas prices are down 13% at auction in Europe, at just over $2,100 per thousand cubic metres, APA-Economics reports.

October futures (based on Europe’s largest central TTF index) were $2,456.8 per thousand cubic meters (+0.1%) at trade open and were down to $2,128 (-13.7%) as of 17.57 Moscow time.

The maximum price has dropped to $2,111.4 (-14%).

It was noted that the dynamics of the bids were given at the previous day’s settlement price – $2,455.2 per thousand cubic meters.

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