The spot price has reached a four-month low, but it remains much higher than last year The price of gas in Europe fell below $1,000 per thousand cubic meters during Monday trading for the first time since June 14, according to data from the London Intercontinental Exchange (ICE). However, prices remain three times higher than last year. The price of gas futures for November delivery at the TTF hub in the Netherlands declined to around $990 per thousand cubic meters, marking a 14% drop for the day. Analysts say that natural gas prices continued October’s downward trend amid positive reports about the EU’s storage l
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