Commodity Market Report
Global gas & LNG weekly summary: 31 Aug 2023
Report summary
Prices decline despite Chevron strikes planned for 7 Sep and a tighter European balance from NCS maintenance Week-over-week, we saw TTF and NE Asia prices decrease along the curve as of 30 Aug settles. NE Asia declined the most with an average of -11.5% through Mar ’24 despite Australian strikes scheduled to begin 7 Sep at Chevron facilities. However, continued price volatility is not out of the question. Henry Hub Sep contract settled at ~$2.6 on Tuesday this week, and Oct increased by ~7%, or 20 cents. The following winter months saw a similar increase.
Table of contents
-
Prices decline despite Chevron strikes planned for 7 Sep and a tighter European balance from NCS maintenance
- Download the PDF and Excel datapack in the reports download section
Tables and charts
This report includes 1 images and tables including:
- Prices as of 31 Aug 2023
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global gas & LNG weekly summary: 25 April 2024
EGAS makes progress in securing cargoe for summer while second-tier buyers pick up activity in the current price market
$4,000
Commodity Market Report
Global gas & LNG weekly summary: 04 April 2024 (1)
Sustained electric heating demand in Japan leaves LNG inventory levels low, prompting fuel-saving measures
$4,000
Commodity Market Report
Global gas & LNG weekly summary: 11 April 2024
Northeast Asia spot price slows tendering activity while US sanctions continue to adversely influence Artic LNG prospects
$4,000
