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At the opening of trading, gas in Europe fell by 5%

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Gas trading on the London ICE exchange on Thursday, October 7, opened with a decrease in blue fuel futures quotes by almost 5% to the value of the previous day.
Futures TTF on the gas hub in the Netherlands by 9:30 Moscow time cost $ 1249 per 1,000 cubic meters on the stock exchange. m. By 9:41 Moscow time, he rose above $ 1365 per thousand cubic meters. m or from € 105 per MWh to € 109 per MWh.

On the eve of the opening of trading, the historical maximum price for European gas was $ 1900 per 1,000 cubic meters. m. Later, the cost fell by $ 600, and the auction closed at $ 1287 per thousand cubic meters.

The Financial Times reported that the cost of gas in the world fell after the statement of Russian President Vladimir Putin during a meeting on energy development about the country's readiness to stabilize energy prices. According to him, the offer for gas on the exchange in St. Petersburg can be increased, but not on spot trading in Europe. The Russian leader stressed that speculative excitement is not needed by the Russian Federation, and urged to think about a possible increase in supply on the market, but to do it carefully.

"ТА"