Commodity Market Report
Global gas & LNG weekly summary: 15 August 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
September TTF prices settled at $12.63/mmbtu. Despite heightened uncertainty in the market driven by disruptions in Ukraine narrowing the discount for Northeast Asian DES to 20 cents near the start of the reporting period, prices have eased, opening up cross-basin arbitrage. European gas storage reached 88%, nearing the 90% target, while Italian stocks have already exceeded 90%. Strong send-outs from the Netherlands were also seen amid a tighter balance week on week. Eyes will also be on the Middle East in case conflict escalates in the Strait of Hormuz region
Table of contents
- >> The full report is available as a PDF in the Download section
- Uncertainty looms as Geopolitics takes centre stage with concerns over the Strait of Hormuz and the Sudzha interconnection point
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Extract examples of the PDF report
- >> The full report is available as a PDF in the Download section
Tables and charts
This report includes 2 images and tables including:
- Weekly European gas fundamentals
- Weekly floating LNG storage and trade routes
What's included
This report contains:
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