Commodity Market Report
LNG short-term trade and price outlook (Q2 2023)
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Global gas prices plunged in May. European gas demand has failed to respond so far, particularly in the industrial sector, propelling prices into the $7-8/mmbtu range. Demand in emerging markets has already started to respond to declining prices – India, Thailand, Pakistan and smaller Southeast Asian markets. However, above-average storage levels and mild temperatures in Japan and Korea have kept LNG demand and the need for injection muted. China’s GDP growth rebounded in Q1 but growth in industrial sector remains below expectations.
Table of contents
- Market prices hit a 2-year low, desperately seeking some tangible demand response
Tables and charts
This report includes the following images and tables:
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Europe energy prices: June 2025
Europe energy prices provides a comprehensive outlook for fuel, carbon and power prices in Europe to 2050.
$15,000
Insight
US tariffs and implications on global gas and LNG markets
Three scenarios to assess gas/LNG pricing dynamics
$950
Insight
What does an OPEC+ accelerated return of cuts mean?
We examine the impact of a continuation of the accelerated easing of OPEC+ voluntary cuts from July through October 2025.
$1,350
