Gas Futures in Europe Rally 12% to Almost $850 Per Thousand Cubic Meters

17:53 GMT, 9 January 2023

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MOSCOW (Sputnik) - Gas futures in Europe rally almost 12%, approaching $850 per thousand cubic meters, according to the London-based ICE exchange.

As of 16:46 GMT, February futures on the TTF index (Europe's largest gas hub in the Netherlands) were trading up 11.6% at $846.6.

On January 5, the futures fell below $700 per thousand cubic meters first time since September 10, 2021.

19 December 2022, 13:50 GMT