Gas prices in Europe approach $398 per 1,000 cu m

11:26 - 24.07.2025


July 24, Fineko/abc.az. According to the London exchange ICE, on July 24, European gas prices are rising slightly, approaching $398 per 1,000 cu m.

ABC.AZ informs that August’s TTF index futures opened at 10:00 on Baku time at $399.2 (+0.6%), and at 10:09 they were traded at $397.7 (+0.3%) relative to the previous price of $396.6.

In February, quotes exceeded $630. The average price in 2024 was $386.5 - which is 16.3% lower than in 2023. The record of $3,892 was set in the spring of 2022.