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Gas prices increase by 7,4% in Europe

Gas prices increase by 7,4% in Europe
# 25 July 2023 10:44 (UTC +04:00)

Prices have exceeded 347 US dollars for 1000 cubes meter of gas in auctions held today in Europe, APA-Economics reports.

Prices for August futures increased to 347,3 dollars on July 24 in comparison to the previous counting price (323,2 dollars) in TTF (The Netherlands` "Title Transfer Facility" – Europe`s most liquid virtual sales center) index, making it an 7,4% increase.

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

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