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North Asia’s liquefied natural gas spot price surged to a record 🚨
🚢 Russian supply concerns intensified competition between Asia and Europe for available supply of the super-chilled fuel
📈 JKM LNG rose to nearly $60/mmbtu, doubling in the last week
bloomberg.com/news/articles/…
🚢 Russian supply concerns intensified competition between Asia and Europe for available supply of the super-chilled fuel
📈 JKM LNG rose to nearly $60/mmbtu, doubling in the last week
bloomberg.com/news/articles/…
“Panic spread through the international gas markets over supply availability due to the Russia-Ukraine conflict,” according to S&P Global Commodity Insights
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
Asian LNG prices were pulled higher by a historic rally in European rates
Dutch TTF futures nearly touched 200 euros/MWh, also a record high. They're trading around 190 euros today, roughly equal to $60/mmnyu
bloomberg.com/news/articles/…
Dutch TTF futures nearly touched 200 euros/MWh, also a record high. They're trading around 190 euros today, roughly equal to $60/mmnyu
bloomberg.com/news/articles/…
