Gas prices in Europe jumped by 14%

Gas prices in Europe rose by 14% today, up to $1,302.5 per thousand cubic meters.

The minimum gas price at the beginning of today’s trading was $1,143.2 per thousand cubic meters at a rate of 0.3%, $1,302.5 per thousand cubic meters.

Experts explained the decline in gas prices in Europe with a lull in the market due to the high level of reserves in underground gas storage facilities, and also pointed to the possibility of another price increase, emphasizing that prices this year are several times higher than last year. .

According to the British Stock Exchange, prices in September fell to $2,093 per thousand cubic meters, or 14.6%, compared with August prices, which were $2,450, an increase of 35.7%, which is a record in history. gas exchange in Europe since 1996.

On March 7, gas prices recorded their highest historical level for four consecutive days due to fears of a ban on the import of Russian energy resources, reaching $3,892 per thousand cubic meters.

And gas prices in Europe fell on October 17 to less than $1,300 per thousand cubic meters, reaching $1,288 for the first time since June 20, a decrease of 9.5%.

Source: RIA Novosti