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Asian spot LNG prices rose in the week to Nov 4 as European gas benchmarks rallied and an outage hit Angola LNG. Analysts expect further gains to be capped by long-term oil-indexed contract prices and new supply from US and Australian liquefaction projects.
New liquefaction capacity is expected to limit LNG spot price gains, which keeps global gas prices more contained.
marinelink.comEric HaunNov 4, 2016Not 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.
