Gas price in Europe plunges to September low on Russia boost

European natural

European natural gas prices shed $100 in 24 hours, falling below $800 per 1,000 cubic meters at the opening of trading on increased deliveries from Russia, data from the Intercontinental Exchange shows.

The price of December futures on the TTF hub in the Netherlands dropped to $791.6 per 1,000 cubic meters, or $76 per megawatt-hour in household terms.The drop comes amid news of long-awaited increased gas flows from Russia.

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