Baku 11° C
Gas price in Europe falls below USD 1,000
Energy
- 07 October, 2021
- 09:08
Natural gas prices in the European market have declined sharply over the past 24 hours, falling below USD 1,000 for the first time this month.
November futures for TTF, the largest online gas sales center in the region, rose from USD 1,260 to USD 1,370 at 10:13 a.m. (GMT +4) at an auction on the London-based ICE Futures exchange. Then it dropped steadily to 981.1 USD / 1000 cubic meters at 11:22 a.m. (GMT +4). But 12 minutes later, the price increased to USD 1,079.5.
The day before, the prices rose to a record high - 1,937 USD / 1000 cubic meters, and at the end of the day fell to USD 1,260.
Author
Latest News
00:00
Five years pass since liberation of Azerbaijan's Lachin
Domestic policy17:47
Putin to receive Witkoff in Moscow before December 4-5
Region17:30
Araghchi: Iran is interested in expanding energy cooperation with Türkiye
Region16:48
Marijana Kujundžić: Gender-based violence - serious human rights violation
Domestic policy16:36
Israel's Netanyahu seeks pardon in years-long corruption trial
Other countries16:19
Photo
Araghchi and Fidan agree to open Iranian Consulate General in Van
Region15:56
Photo
TurkPA and IPA CIS mull new cooperation opportunities
Foreign policy15:10
Ukraine imposes sanctions against Russian energy sector, targeting Lukoil, Rosneft
Other countries14:51