Gas Futures in Europe Rallying Up to 10% to Over $680 Per Thousand Cubic Meters

07:51 GMT, 31 January 2023

MOSCOW (Sputnik) - Gas futures in Europe have increased by 10% on Monday, reaching over $680 per thousand cubic meters, according to the London-based ICE exchange.

Sputnik

As of 07:23 GMT, March futures at the largest European gas hub TTF were trading at $683.4, which marks a 10% increase.

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The dynamics of quotations is based on the estimated price of the previous trading day, which stood at $621.2 per 1,000 cubic meters.

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