Gas futures in Europe hit new all-time high of $1,427 per 1,000 c/m-UPDATED

Gas futures in Europe hit new all-time high of $1,427 per 1,000 c/m-UPDATED
# 05 October 2021 16:52 (UTC +04:00)

The price of gas futures in Europe hit a new all-time high of $1,427 per 1,000 cubic meters, according to trading data on ICE Futures, APA reports citing Sputnik.

*** 11:58

The gas price in Europe at the opening of trade on October 5 once again broke a record and nearly reached $ 1250 per 1,000 cubic meters according to the ICE exchange data released on Tuesday, APA reports citing TASS.

The price of November futures on the TTF hub in the Netherlands reached $ 1247.4 per 1,000 cubic meters during trading or 102.45 euros per MWh (based on the current exchange rate of the euro to the dollar, prices for ICE are presented in euros per MWh).

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