The Gas Price in Europe Skyrocketed by 20%

All last week, gas was being traded for less than $ 900 at the European level, and today it exceeded $ 1100. The cost of gas in Europe at auction on Monday, January 24, increased by almost 20%. Thus, the price of the February futures on the TTF hub in the Netherlands increased by 19.4% to $1,102 per thousand cubic meters or €94.3 per MWh. It should be noted that a week ago the price of gas in Europe fell below $ 900 per thousand cubic meters. Meanwhile, oil in the world has risen to its highest since 2014 – traded for above $ 88 per barrel. Корреспондент