European gas prices top $2,100 for first time since early March

On Tuesday, the price of gas in Europe exceeded $2,100 per thousand cubic meters for the first time since March 8 against the backdrop of the situation around Nord Stream 1, according to data from the London ICE exchange.

The value of August futures contracts at the TTF hub in the Netherlands rose to $2,118 per 1,000 cubic meters, or €202 per MWh, based on the current EUR/USD exchange rate.

The overall increase in the cost of gas since the beginning of the day amounted to more than 13%.

Source: TASS

Related Stories

Leave a Reply