EU gas prices drop to 18-month low ...News

Russia Today - Economy
EU gas prices drop to 18-month low
source : Russia Today ( News ) () 59
Unusually warm weather and strong winds continue to ease concerns over energy supplies Spot prices for natural gas in the EU dropped below $500 per thousand cubic meters for the first time since mid-2021, data from the London Intercontinental Exchange (ICE) showed on Friday. The cost of gas futures for April delivery at the TTF hub in the Netherlands stood at $497 per thousand cubic meters, or roughly €44 ($46) per megawatt-hour in household terms around 09:20 GMT, having dropped 3% from the previous day’s close, according to ICE data. Gas prices in the region have been steadily dropping since late last year. Mark

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