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Statoil and Gazprom executives said Asian buyers are willing to pay about 70 percent more than European buyers for US LNG, which could divert cargoes away from Europe. EU autumn gas storage is also below last year's levels.
Europe may face tighter winter supply and stronger competition for LNG, which supports European gas prices and could spill over to global LNG benchmarks.
mlex.comLaurel HenningSep 26, 2017After 59 past bullish trade events, Natural Gas moved a median +1.3% over 5 sessions (61% higher; middle half -2.7% to +10.6%), and +8.0% over 20.
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.
