Business · Energy & Commodities · 1 hr ago

European gas futures open 2% lower at €80.8 per megawatt-hour

European gas futures open 2% lower at €80.8 per megawatt-hour

On November 10, European gas futures opened lower on the Amsterdam market.

The December-delivery contract for natural gas fell 2% to €80.8 per megawatt-hour.

A future is a contract for gas to be delivered at a later date.

Amsterdam’s market is a reference point for gas prices in Europe.

The price movement gives a snapshot of the market at the start of trading, but no reason for the decline is given.

The available information does not say how prices moved later in the day.

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