Commodity Market Report
North America gas weekly update: Not an island anymore
Report summary
Global gas prices have skyrocketed this summer as the race between European TTF and Asian JKM prices continue. Even Northeast AGT basis prices are in the race this winter to keep some volumes just in case of winter cold spells. Since the start of the summer a high correlation exists between Henry Hub and global gas prices. But its not just gas prices as the commodity upcycle is having knock on impacts on each other. Find out if Henry Hub gas prices are expected to recover from its recent sell off and push up again above $4/mmbtu.
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