Gas prices in Europe fell to $611 per 1,000 cubic meters as a result of trading. m. This is evidenced by the data of the London Stock Exchange ICE on Thursday, January 26th.
The price low was $604.7 and the price high was $671.9.
The day before, Igor Yushkov, an expert at the Financial University under the Government of Russia, said in a conversation with NSN that the European Union is successfully passing the heating season due to warm weather, the reserves of underground gas storages (UGS) remain at a high level, by the next season it will need to buy little blue fuel, while prices are quite low.
Earlier, on January 16, exchange prices for gas in Europe fell by more than 15%, to almost $600 per 1,000 cubic meters. m. The cost of gas fell below $650 for the first time since September 2021.
Economist and entrepreneur, director of innovation at OS-Center Petr Zabortsev on January 16 explained the decline in gas prices in Europe by a decrease in demand.
At the same time, the European Commission’s quarterly report on the gas market, published on January 13, reported that the cost of gas for residents of the capital cities of the European Union in November last year increased by almost 60% compared to the same period in 2021.
At the same time, financial expert of the Finmir marketplace, Anton Kravtsov, said on January 9 that the cost of gas in the EU could rise if there is a sharp cooling and geopolitical risks increase.