Natural gas prices in European markets recorded a notable increase during Thursday's trading, exceeding the $1050 level per thousand cubic meters for the first time since late December 2022.
November gas futures, linked to the Dutch TTF index, the primary benchmark for gas prices in Europe, rose by 3.5 percent, reaching $1050.5 per thousand cubic meters by this afternoon, according to the (Novosti) agency.
The contracts had begun trading at $1015.3 per thousand cubic meters, before rising to $1030.7 by noon today, an increase of 1.6 percent compared to the previous session's closing price of about $1015 per thousand cubic meters.
Gas prices were significantly higher during 2021-2022, and prices recorded a historic figure of $3892 per thousand cubic meters in early spring 2022.