All news

Gas price in Europe down below $900 per 1,000 cubic meters first time since February

The total decrease in the gas price since the beginning of the day has reached 1.7%

MOSCOW, June 6. /TASS/. The price of gas in Europe went down below $900 per 1,000 cubic meters during Monday trading, for the first time since February 22, according to data provided by London’s ICE.

The price of gas futures for July delivery at the TTF hub in the Netherlands fell to $894.5 per 1,000 cubic meters, or 80.85 euro per MWh (on the basis of the current euro exchange rate against the dollar, prices at ICE are in euro per MWh).

The total decrease in the gas price since the beginning of the day has reached 1.7%.