Loading…
Northeast Asian spot LNG rose 5 cents to $11.35/MMBtu in the week to October 8, while Southwest Europe fell 30 cents to $9.60. The UK day-ahead price dropped 35 cents to $8.93, and the November UK futures contract fell to $9.56.
A widening Asia-Europe LNG price gap shifts cargo flows toward Asia and reflects winter demand, a mild signal for gas-linked energy costs.
energyintel.comOct 9, 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.
