EU gas prices slide to June lows ...News

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EU gas prices slide to June lows
Analysts explain the decrease citing mild weather and ample supplies European gas futures dipped below $900 per thousand cubic meters on Friday for the first time since June 13, data from the London Intercontinental Exchange (ICE) shows. The cost of gas futures for January delivery at the TTF hub in the Netherlands was down 11%, trading at $897 per thousand cubic meters, or €81.7 ($85.8) per megawatt-hour in household terms, as of 13:50 GMT. The decline is attributed to several factors. On the one hand, this week has seen unusually warm temperatures in most European countries, which has led to a decrease in heatin

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