Natural gas prices in Europe fell to around $1,250 per thousand
cubic meters by the end of the working day on Monday for the first time
since June 15, according to ICE data, Trend cites
TASS.
November TTF futures in the Netherlands fell to $1,253
per thousand cubic meters or $123.165 euros per MWh.
Gas prices lost a total of more than 13% during trading
session on Monday. The price drop is due to gas stocks in
EU approaches its maximum, relatively warm weather settles in
in the area and significantly increased average wind share
production in total electricity generation.