Loading…
Asian spot LNG held near a two-year high at $9.50/MMBtu for February delivery during thin year-end trade. Supply was tight after Chevron halted Gorgon train 1 in Australia in late November, and Mexico's CFE bought end-January cargoes in South America.
Tight global LNG supply and high Asian prices support gas costs worldwide, which can keep US LNG export demand and domestic gas prices firm.
gasprocessingnews.comJan 1, 2017Not 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.
