An expert shared his opinion on why gas prices fell in Europe.
According to the expert, this happened due to increased volatility, which was caused by sanctions on the transshipment of Russian gas and sanctions.
This comment was given to RIA Novosti by stock market expert at BCS World of Investments, Evgeny Mironyuk.
The downward price trend was already evident on Tuesday. For the first time since May 20, the price of blue gold fell to $350 per cubic meter.
The price decline continued on Wednesday.
The expert linked this phenomenon to the fact that gas prices are sensitive to supply disruptions. In particular, the disruptions at the beginning of the year actually spurred the growth of raw material costs.
Restrictions imposed on the transshipment of Russian gas are also reflected in world prices.
Global blue gold prices are expected to rise further due to tightening supply and demand fundamentals, but growth will remain below the level of the crisis five years ago.
