The worth of April futures contracts traded at TTF, the Netherlands-based digital pure fuel buying and selling level with the deepest depth in Europe, was closed at 121.7 euros yesterday.
The worth of the stated pure fuel contracts reached 194 euros at 12:05 CEST immediately.
NATURAL GAS PRICES INCREASED 60 PERCENT
Thus, the megawatt hour worth of pure fuel contracts in Europe elevated by about 60 p.c in comparison with yesterday’s closing.
Prices are rising amid issues in regards to the Russia-Ukraine struggle, the impression of financial sanctions towards Russia, and fuel provide cuts.
APPROXIMATELY 40 PERCENT IS SUPPLIED FROM RUSSIA
EU nations at the moment provide about 40 p.c of their pure fuel wants from Russia.
#Gas #prices #rose #Europe
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