Europe gas prices hit lowest since 2021 in mild weather
The benchmark European contract -- Dutch TTF gas future for the coming month -- dropped 9.3 percent to 65.59 euros at around 1620 GMT, extending losses since the beginning of the week.
- Economy
- AFP
- Published Date: 07:48 | 04 January 2023
- Modified Date: 07:50 | 04 January 2023
Wholesale natural gas prices in Europe sank Wednesday to their lowest levels since November 2021 as mild winter weather reduced demand, erasing all the gains seen last year amid Russia's invasion of Ukraine.
The benchmark European contract -- Dutch TTF gas future for the coming month -- dropped 9.3 percent to 65.59 euros at around 1620 GMT, extending losses since the beginning of the week.
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