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The price of gas in Europe has decreased by three times
World1 March, 16:40
The price of gas in Europe decreased three times due to the winter, reaching about 515 dollars per 1000 m³. The data of the London ICE exchange evidence this. One of the main factors behind such a decrease was an abnormally warm winter and overfilling of gas storage facilities.
If on November 30, gas futures were traded at around $1,550, on February 28, trading closed at $515, three times lower than at the beginning of winter. The most significant decrease was on February 28, when the gas price fell to $505 since the end of August 2021.
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