Bank Of Baku

Europe's natural gas prices fall to 375 dollars

Europe
# 10 July 2023 11:24 (UTC +04:00)

Gas prices have decreased to 375 US dollars for 1000 cubic meters in auctions held today in Europe,” APA Economics reports.

Prices for August features have fallen to 375,1 dollars on July 10th in comparison to the previous counting price (377,3 dollars) in TTF (The Netherlands` "Title Transfer Facility" – Europe`s most liquid virtual sales center) index, making it an 0,6% decrease.

It must be noted that Europe’s gas prices increased to the maximum record price of 3900 dollars a couple of times during the day on March 7 last year.

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