empty
16.01.2023 11:48 PM
European gas prices fall sharply - quotes have fallen to $610

This image is no longer relevant

Exchange prices for gas in Europe fell by more than 13% down to $610 per thousand cubic meters. February futures on the TTF index (the largest hub in Europe) opened Monday's trading at $728.6, but by 11:07 London time they had already dropped to $652, and minutes earlier to $645. At 17:55, gas prices in Europe slid to $610 per thousand cubic meters. This is the first significant decrease in almost 16 months - since September 6, 2021.

Perhaps the main factor that contributes to the decrease in gas prices in Europe is the favorable weather conditions that have been observed in the Western European countries in recent weeks. In fact, it is precisely these weather conditions that are responsible for the lower gas consumption in Western European countries.

The weather forecasts for the near future are also optimistic. For example, most of Europe and the US are expected to see some considerable warming for some time yet - the air temperatures, which are already above the seasonal norms, are not in a hurry to change to the usual winter climate for these regions. Unusually warm winter weather is also observed in Japan and China. The latter, by the way, is the world's largest importer of gas.

The mild weather in Asian countries means less competition for liquefied natural gas supplies. In such favorable (and undoubtedly comfortable) weather conditions there should not be a severe shortage of blue fuel.

The second factor that affects the decrease in energy prices in Europe is the wind. Earlier this year, Germany already produced record-breaking amounts of electricity derived from wind energy, which reduced the need for gas to some extent.

We shouldn't forget that the EU countries have taken a responsible approach to preparing for the winter season - they filled their gas storage facilities to capacity like never before. Gas Infrastructure Europe reports that European storage facilities were 83.52% full on January 2, although over the last five years only 70% full was the norm.

These are positive factors and they provide such great help to European citizens. But nevertheless, gas prices remain very high for them - more than twice the average for many years of observation. Such high prices, which, moreover, stay on the charts for such a long time, have not been seen in the entire history of gas hubs in Europe - since 1996.

Recall that gas prices in the EU increased significantly in the spring of 2021. Then gas quotations for TTF fluctuated in the range of $250-300 per thousand cubic meters range, but by the end of summer they were over $600; in autumn they overcame the $1000 level. In winter 2022 prices crossed the unthinkable threshold of $2000, and in early spring reached the record point of $3892 per thousand cubic meters.

Andreeva Natalya,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

Trump pressiona e o mercado de ações reage com uma queda

As ações do setor automotivo caem após o último golpe tarifário de Trump Advanced Micro Devices cai após rebaixamento de corretora Número de pedidos semanais de subsídio de desemprego chega

Thomas Frank 16:44 2025-03-28 UTC+2

Trump mexe os pauzinhos e o mercado de ações afunda em resposta

As ações do setor automotivo caem após a greve tarifária de Trump. A Advanced Micro Devices apresenta queda. Os pedidos de auxílio-desemprego aumentam para 224.000. O dólar se fortalece

15:52 2025-03-28 UTC+2

Resumo de notícias do mercado dos EUA para 28 de março

As tarifas sobre automóveis agitaram o mercado: as ações estão sob pressão, enquanto o ouro está ganhando. Os investidores estão se retirando do setor automotivo à medida que os temores

Irina Maksimova 14:00 2025-03-28 UTC+2

As apostas aumentam: GameStop aposta em criptomoedas, Trump aposta em tarifas

Trump deve anunciar tarifas sobre automóveis em breve, diz relatório Dollar Tree sobe com a venda do negócio Family Dollar GameStop sobe com aposta em Bitcoin e lucro maior

Thomas Frank 17:14 2025-03-27 UTC+2

Resumo de notícias do mercado dos EUA para 27 de março

O presidente Donald Trump impôs tarifas de 25% sobre os automóveis importados, causando um choque nos mercados financeiros. Como resultado, os índices S&P 500 e Nasdaq registraram grandes perdas

Ekaterina Kiseleva 15:04 2025-03-27 UTC+2

As apostas aumentam: GameStop investe em criptomoedas, e Trump aposta em tarifas

Trump deve revelar em breve novas tarifas sobre automóveis, segundo relatos. A Dollar Tree avançou com a notícia da venda de sua unidade Family Dollar. A GameStop subiu com suas

14:49 2025-03-27 UTC+2

Índices dos EUA sobem apesar da KB Home

KB Home cai após previsão decepcionante de receita anual Confiança do consumidor em março foi de 92,9 CrowdStrike sobe após a elevação da classificação da empresa de corretagem S&P

Thomas Frank 16:01 2025-03-26 UTC+2

Resumo de notícias do mercado dos EUA para 26 de março

Os principais bancos estão divididos quanto à perspectiva do S&P 500, com o mercado permanecendo em uma zona de incerteza. O S&P 500 se mantém acima de um nível-chave

Irina Maksimova 15:19 2025-03-26 UTC+2

Resumo de notícias do mercado dos EUA para 25 de março

Ontem, o S&P 500 surpreendeu ao registrar um salto de 1,76%, alcançando os 5.769 pontos — nível visto pela última vez em 13 de janeiro. Como se seguisse um roteiro

Natalia Andreeva 16:09 2025-03-25 UTC+2

Alta do ouro e crescimento das criptomoedas: Março se torna o mês de virada do mercado

O PMI Composto da S&P atingiu 53,5 em março, contra 51,6 em fevereiro. Lockheed Martin cai após rebaixamento por corretora. Ações de criptomoedas sobem com ganhos do Bitcoin. Ações europeias

Thomas Frank 15:33 2025-03-25 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.