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Gas: down in Europe. Oil also continues to decline

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Credem presents the non-financial statement (ANSA)

(ANSA) – MILAN, APRIL 11 – Futures indicating gas prices in Europe are down, which in Amsterdam (-1.6%) dropped to 102.2 euros per MWh and in London (-8.5%) at 219.9 pennies per Mmbtu (thermal unit), while European countries are also evaluating possible sanctions on this raw material. Both values ​​are now far from the peaks of last March 7, with the increases since the first days of the conflict in Ukraine, when they reached 345 euros and 800 pence respectively. In fact, they are slowly approaching the pre-war 90 euros for Amsterdam and about 215 pence in London.

The price of crude oil also continues to fall, with WTI in Texas (-2.3%) at 95.8 dollars a barrel and North Sea Brent at 100.5 dollars, with the Covid situation in China, back more difficult, which affects the downside, as some analysts point out. (HANDLE).

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Source: Ansa

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