The price of gas in Europe has exceeded $500 per thousand cubic meters.
Oku.AzAccording to Gazeta.ru, this is confirmed by data from the London ICE exchange.
The energy vector is reportedly trading above this level for the first time since November 28, 2023.
According to the latest data, the December futures price for the TTF center in the Netherlands was $503.14 (+4.03%) per thousand cubic meters. The closing price on November 13 was $483.64.
Meanwhile, oil prices have been falling since the morning of November 14. The price of a barrel of “Brent” oil in January was quoted at $72.25 (-0.042%). Meanwhile, the WTI contract for delivery in December was trading at $68.38 (-0.073%).
In early November, Europe increased gas extraction from its underground deposits amid cold weather in the region. As a result, reserves fell to 93.04% from around 95% in the middle of last month.
