Baku 32° C
Gas prices in Europe fall 1.6%
Energy
- 01 December, 2025
- 13:29
European exchange gas prices fell 1.6%, falling below $340 per 1,000 cubic meters for the first time since July 11 of last year, Report informs referring to the London ICE exchange.
January (nearest) futures on the TTF index (Europe's largest hub, located in the Netherlands) opened trading at $340.1 (-1.4%). Their subsequent price is $339.3 (-1.6%).
The price dynamics are based on the previous trading day's settlement price of $345 per 1,000 cubic meters.
Meanwhile, during the previous autumn-winter period, in mid-February, exchange-traded gas in Europe was significantly more expensive – prices exceeded $630 per 1,000 cubic meters for the first time in two years.
Author
Latest News
12:37
Nikol Pashinyan makes phone call to Ilham Aliyev
Foreign policy12:24
Shaffer: US should hold Armenia to its commitment on constitutional clause
Foreign policy12:05
Washington Declaration affirms Ilham Aliyev's internationally backed peace agenda
Analytics12:05
Amy Carlon: Baku and Yerevan have taken concrete steps toward lasting peace since Washington summit
Foreign policy11:46
Ulviyya Zulfigar: Washington agreements mark important step in consolidating new regional reality
Domestic policy11:33
Photo
Video
Train carrying Russian wheat, coal for Armenia departs from Bilajari station
Business11:28
UK reiterates support for lasting peace in South Caucasus
Foreign policy11:12
Vugar Rahimzada: Washington agreement was a turning point for many conflicts
Domestic policy10:54