Exchange prices for gas in Europe by the close of trading on the last trading day of the week fell by 7.3%, to around $1,680 per thousand cubic meters, according to data from the London-based ICE exchange.

The nearest, August futures on the index of the Dutch TTF – one of the world’s largest trading floors – opened the trading session with a moderate decrease, at a mark slightly above $1,790 (-1% against Thursday’s settlement price – $1,809.8). After small fluctuations, the quotes reached $1,807.2 (-0.1%) before noon, after which they accelerated the pace of decline and dropped to a minimum of $1,637.8 (-9.5%) by the evening. Recent futures contracts traded at $1,677.6 (-7.3%).

Stock prices for gas in Europe since the end of June have been growing for seven trading sessions in a row, the estimated price of the nearest – first in July, and then in August – futures jumped from about $ 1,400 per thousand cubic meters to above $ 1,900, after which, in two sessions, it dropped almost to 1720 dollars and after some growth at the auction on Thursday fell again.