After a jump in the prices … European gas contracts record a slight decline

After a jump in the prices … European gas contracts record a slight decline

The prices of gas on European stock exchanges decreased today, Wednesday, by 3%, and the future fuel futures were traded below the level of $ 1300 per thousand cubic meters.
By 11:28 Moscow time, futures fell by 3% to 1295. 7 dollars per thousand cubic meters.
The decline comes after a noticeable rise in gas futures in European stock exchanges on Monday and Tuesday in light of the decline in temperatures, which is an indication of the start of the heating season.

On Monday, prices jumped by 20% to 1250 dollars per thousand cubic meters, and at the end of Tuesday trading, the rate of rise was 8% and prices at $ 1300.
Source: Novosti.

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Economics