Commodity Market Report
Global gas & LNG weekly summary: 11 Nov 2022
Report summary
TTF falls on continued lower-than-normal demand, a big jump in LNG send-out in Europe, and more net injections for another week TTF’s front-month contract was trading at $31 intraday on Thursday, about a $6 decrease from last week. Demand, despite seeing an uptick this week, remains significantly depressed compared to normal for this time of year. Low demand, combined with a huge jump in LNG send-out as well as an increase in net piped flows to Europe allowed for storage injections to continue for a third consecutive week when they would normally be seeing withdrawals.
Table of contents
- TTF falls on continued lower-than-normal demand, a big jump in LNG send-out in Europe, and more net injections for another week
- Download the PDF and Excel datapack in the reports download section
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- Prices as of 9 Nov 2022
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