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Vitol's head of global LNG expects LNG prices to follow stronger seasonal swings driven by Chinese demand, with weaker summers and stronger winters. Vitol says China's limited storage makes it buy mainly in winter, and new supply is coming online.
Expected stronger winter demand from China suggests higher seasonal gas price swings, though new supply may cap the upside.
nai500.comFeb 22, 2018Not 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.
