https://sputnikglobe.com/20211221/gas-futures-in-europe-hit-record-1937-per-1000-cubic-meters-1091695186.html
Gas Futures Prices in Europe Top $2,000 per 1,000 Cubic Meters for 1st Time
Gas Futures Prices in Europe Top $2,000 per 1,000 Cubic Meters for 1st Time
Sputnik International
MOSCOW (Sputnik) - Gas futures prices in Europe on Tuesday topped record $2,000 for 1,000 cubic meters minutes after breaking another record of $1,937. 21.12.2021, Sputnik International
2021-12-21T12:14+0000
2021-12-21T12:14+0000
2021-12-21T14:00+0000
europe
gas
gas prices
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As of 11:53 GMT, the price of ICE futures for Dutch index TTF reached $2,004 per 1,000 cubic meters, which is almost 17% higher than Monday's settlement price of $1,716.7.Earlier in the day, the price of ICE futures on the Dutch index TTF has topped record $1,953 per 1,000 cubic metres.Europe has been experiencing skyrocketing natural gas prices since autumn amid a growing demand for energy in the post-pandemic global economy and limited flow from major suppliers.Back in early August, the estimated price of the nearest futures on the Dutch TTF index was about $515 per thousand cubic metres; by the end of September, the price had more than doubled.
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Gas Futures Prices in Europe Top $2,000 per 1,000 Cubic Meters for 1st Time
12:14 GMT 21.12.2021 (Updated: 14:00 GMT 21.12.2021) MOSCOW (Sputnik) - Gas futures prices in Europe on Tuesday topped record $2,000 for 1,000 cubic meters minutes after breaking another record of $1,937.
As of 11:53 GMT, the price of ICE futures for Dutch index TTF reached $2,004 per 1,000 cubic meters, which is almost 17% higher than Monday's settlement price of $1,716.7.
Earlier in the day, the price of ICE futures on the Dutch index TTF has topped record $1,953 per 1,000 cubic metres.
Europe has been experiencing skyrocketing natural gas prices since autumn amid a growing demand for energy in the post-pandemic global economy and limited flow from major suppliers.
Back in early August, the estimated price of the nearest futures on the Dutch TTF index was about $515 per thousand cubic metres; by the end of September, the price had more than doubled.
