# What’s Behind The Drop In Asian LNG Prices? | OilPrice.com

> Japan-Korea Marker LNG prices for November delivery fell by $1.039 to $9.925/MMBtu, driven by ample prompt supply and weak demand. The IEA cut its 2018 and 2019 oil demand growth forecasts by 110,000 b/d amid trade disputes. Oil prices also fell on those demand worries.

- Date: 2018-10-15 · published 2018-10-15T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/62751-what-s-behind-the-drop-in-asian-lng-prices-oilprice-com
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower Asian LNG and oil prices reduce energy costs for importers, but weaker demand growth signals softer energy markets. The impact on feed commodity prices is limited.

## Read by commodity

- WTI: bearish ▼
- NATGAS: bearish ▼

## Sources

- oilprice.com: https://oilprice.com/Energy/Gas-Prices/Whats-Behind-The-Drop-In-Asian-LNG-Prices.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.