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Gas price in Europe drops below $600 per thousand cubic meters — market data

Gas prices are going down amid the forecast of the fairly warm weather in Europe next week

MOSCOW, January 27. /TASS/. The natural gas price in Europe dropped below $600 per thousand cubic meters, according to ICE data.

February futures at the TTF hub in the Netherlands declined to $596 per thousand cubic meters or to 53 euro per MW. The overall drop over the day is about 3%.

Gas prices are going down amid the forecast of the fairly warm weather in Europe next week, the gas surplus on the EU market and its limited consumption at the same time.