Loading…
Asian spot LNG rose from a May low of $4.24 to $6.60/mmBtu as winter approached, helped by South Korean nuclear outages and strong Indian demand. Low oil prices and a capacity glut continue to squeeze LNG producer margins.
Oversupply and cost overruns keep LNG prices well below earlier peaks, while oil-linked contracts limit the upside even as seasonal demand firms.
lngindustry.comCallum O'ReillyDec 7, 2016Not 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.
