Gas prices hit their highest level in two years
Natural gas prices in the European Union have reached their highest level in two years. The price increase is due to a combination of cold weather, reduced gas reserves and concerns about potential US tariffs on imports into the EU, reports the European Commission. Politics.
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Gasoline prices in Europe on the stock exchange exceeded $620 per thousand cubic meters for the first time since February 8, 2023, which is almost four percent higher than the price last Friday, according to data from the London ICE stock exchange.
The price of gas the previous day was $597,7 per thousand cubic meters.
Last year's average value of gas futures on the European stock exchange was $386,5, which is 16,3 percent lower than the previous year.
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