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Commodity Market Report

Global gas & LNG weekly summary: 16 Mar 2023

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16 March 2023

Global gas & LNG weekly summary: 16 Mar 2023

Report summary

TTF’s front-month contract settled at $13.2 on Wednesday, relatively flat to last week, as demand continued to drop. We continue to think that the market will likely overshoot to the downside before seeing demand emerge in a big way, as traders watch to see if low prices are here to stay. TTF continues to sit in the coal-to-gas switching range indicating we should see an increase in price sensitive demand in the coming weeks. We also are seeing LNG prices approach the oil parity price for the first time since 2021.

Table of contents

Tables and charts

This report includes 1 images and tables including:

  • Prices as of 16 Mar 2023

What's included

This report contains:

  • Document

    Global Gas & LNG Executive Summary 20230316.pdf

    PDF 465.24 KB

  • Document

    Short Term Voyages (Data).xlsx

    XLSX 11.48 MB