07.03.2022, 11:22
The Price of Gas in Europe for the First Time in History Exceeded $2,800 Per Thousand Cubic Meters
Source: OREANDA-NEWS
OREANDA-NEWS. The price of gas in Europe during the auction for the first time exceeded $2,800 per 1,000 cubic meters, TASS reports, citing data from the ICE exchange.
Earlier, the price of gas in Europe on the stock exchange rose to $2,600. Then the price of the April futures contract at the TTF hub in the Netherlands increased to $2,610.7 per thousand cubic meters, or €231 per MWh.
It was also reported that the price of Brent oil reached a record $139 per barrel since 2008.
Oil rose in price to its highest level since 2008, reaching $139 per barrel, after reports of a possible US ban on its imports from Russia, Interfax reports.
Secretary of State Anthony Blinken, in an interview with NBC, said that in the United States, together with European allies, there is an "active discussion" about the possibility of refusing to import Russian oil.
According to two Bloomberg sources, Washington can go for an embargo without the participation of European allies. However, no decision has yet been made on this issue.
According to Speaker of the Lower House Nancy Pelosi, Congress is studying the development of a bill to ban oil imports from Russia.
According to official US data, approximately 3% of US oil imports come from Russia.
Against the background of such statements, futures for Brent oil at the beginning of trading on Monday, March 7, rose by 18% and at one point exceeded $139 per barrel.
In early March, the head of the European Commission, Ursula von der Leyen, said that the European Union should completely get rid of dependence on gas, oil and coal from Russia. She called for large-scale investment in renewable energy, noting that "one of the pioneers in this matter" is Spain.
Earlier, the price of gas in Europe on the stock exchange rose to $2,600. Then the price of the April futures contract at the TTF hub in the Netherlands increased to $2,610.7 per thousand cubic meters, or €231 per MWh.
It was also reported that the price of Brent oil reached a record $139 per barrel since 2008.
Oil rose in price to its highest level since 2008, reaching $139 per barrel, after reports of a possible US ban on its imports from Russia, Interfax reports.
Secretary of State Anthony Blinken, in an interview with NBC, said that in the United States, together with European allies, there is an "active discussion" about the possibility of refusing to import Russian oil.
According to two Bloomberg sources, Washington can go for an embargo without the participation of European allies. However, no decision has yet been made on this issue.
According to Speaker of the Lower House Nancy Pelosi, Congress is studying the development of a bill to ban oil imports from Russia.
According to official US data, approximately 3% of US oil imports come from Russia.
Against the background of such statements, futures for Brent oil at the beginning of trading on Monday, March 7, rose by 18% and at one point exceeded $139 per barrel.
In early March, the head of the European Commission, Ursula von der Leyen, said that the European Union should completely get rid of dependence on gas, oil and coal from Russia. She called for large-scale investment in renewable energy, noting that "one of the pioneers in this matter" is Spain.
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