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US natural gas futures rose through $3.00 per MMBtu for November contracts as the approaching winter brought smaller-than-expected storage levels. North Sea Brent crude broke above $80 per barrel, lifting LNG prices.
Tighter storage and higher oil prices support both US gas and LNG prices heading into winter. Oil-linked LNG contracts pass crude strength through to gas prices.
lngjournal.comJohn McKaySep 25, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
