Commodity Market Report
Global gas & LNG weekly summary: 4 Jan 2024
Report summary
Global supply remains high with cooler temperatures and demand increases on the horizon During the reported period, TTF Feb prices showed a slight increase from $10.6 to $10.8, NE Asia DES dropped from $11.6 to $11.1. Henry Hub prices experienced a 12% rally, moving from $2.4 to $ 2.7. These changes were relatively modest upticks amidst a backdrop of prices edging down through the winter, underpinned by European and Asian LNG markets now sitting at a five-month low.
Table of contents
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Global supply remains high with cooler temperatures and demand increases on the horizon
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- Prices as of 20 Dec 2023
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