At the opening of trading on the ICE exchange, the cost of gas for the first time exceeded $3,000 per thousand cubic meters and continues to break records, according to the ICE exchange.
The price of April futures on the TTF hub in the Netherlands rose to 67 euros per MWh as of 09:45 on March 7. By 10 o’clock it had dropped to 259 euros per MWh.
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By 10:00 am, the April futures price rose to $3,017.5 per thousand cubic meters.
Gas prices are rising after the rise in Brent oil prices reached $139 per barrel.
Trading data show that growth continues to accelerate. The cost of gas has already exceeded $3,600 per thousand cubic meters. Growth since the beginning of trading amounted to about 60%.
The price of gas jumped after oil. Due to a possible ban on deliveries to the US from Russia, Brent rose to almost $140 per barrel for the first time since 2008.
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- Earlier, the head of the European Commission said that the EU will cope in the event of a reduction in gas supplies from Russia.
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