Thus, during the trades on October 7, asset prices were lower than $1,1000 per 1,000 cubic meters. Particularly, the price of November futures at the TTF hub in the Netherlands fell up to $1,095.9 per 1,000 cubic meters.
The decrease made almost 15%.
It should be noted that the prices for gas grew amid the low supplies in the European underground gas storages with a shortage of supplies for Russia.
On October 6, the price for gas at the futures market in Europe beat another record. For the first time ever, it has reached $1,600 per 1,000 cubic meters for the first time ever.