During the trading on December 27, in the afternoon, gas prices in Europe fell to almost $ 850 per thousand cubic meters, which happened for the first time since February 22. This is evidenced by the data of the Ice London Exchange.
The cost of gas futures with delivery in January at the bottom reached $ 852 per thousand cubic meters, collapsing by more than six percent. Subsequently, prices played a fall, adjusting to $ 896 per thousand cubic meters. Gas is cheaper since December 7th.
Despite a significant reduction in supplies from Russia, the cost of fuel is already lower than a year ago at the same time. At the end of December 2021, gas traded in the region of thousands of dollars per thousand cubic meters.