Global gas & LNG weekly summary: 5 Oct 2023 Report

Commodity Market Report 06 October 2023

Get this report*

$4,000

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

The oversupply weighed heavier on prices this week. TTF posted declines along the entire curve as of 4 Oct settles, with Nov posting the largest decline of ~12%. NE Asia also posted declines along the curve, averaging ~5% drops. NE Asia has held onto the netback price premium for the second week in a row now. In contrast, Henry Hub remained mostly flat along the curve with prompt month increasing to the $3 mark. Australian strikes may resume again, with the union voting to restart after an apparent failure with the deal that was previously agreed upon.

While oversupply weighs heavy on prices this week, the resumption of Australian strikes will bring back uncertainty to the market
Download the PDF and Excel datapack in the reports download section