Europe raises gas prices again

17.11.2021

At the auction on Wednesday, November 17, the price of gas in Europe rose and added 5 percent compared to the previous close. According to the trade data, the cost of December gas futures according to the Dutch TTF index exceeded $1,150 per thousand cubic meters.

At the opening of trading, the price was $1133.4 per thousand cubic meters, and soon rose to $1166. Totally, over three trading days, the settlement price jumped by more than 20 percent.