# The shifting LNG market | LNG Industry

> 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.

- Date: 2016-12-07 · published 2016-12-07T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/73646-the-shifting-lng-market-lng-industry
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Oversupply and cost overruns keep LNG prices well below earlier peaks, while oil-linked contracts limit the upside even as seasonal demand firms.

## Read by commodity

- BRENT: neutral
- NATGAS: bullish ▲

## Sources

- lngindustry.com: https://www.lngindustry.com/special-reports/07122016/the-shifting-lng-market/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.