The price of April futures in Europe fell to $1,700 per thousand cubic meters, according to the ICE exchange. The day before, on March 7, the cost of futures was set at $3,900 per thousand cubic meters, on March 8 – above $3,300 per thousand cubic meters.
The cost of futures for April on the TTF hub index at the opening of the trading session exceeded $2,300 per thousand cubic meters. During today, March 9, quotes fell by 30% to yesterday’s figures – $ 2418.2.
The price of gas in Europe has increased significantly against the backdrop of the recognition of the DPR and LPR by Russian President Vladimir Putin and the military operation in Ukraine. The historical maximum of $3,892 per thousand cubic meters was reached on March 7.
About the rise in gas prices – in the material “Kommersant FM” “Energy has crept up to the peak.”