Commodity Market Report

Global gas & LNG weekly summary: 5 Oct 2023

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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.

Table of contents

  • 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

Tables and charts

This report includes the following images and tables:

  • Prices as of 5 October 2023

What's included

This report contains:

  • Document

    Global Gas & LNG Executive Summary 20231005.pdf

    PDF 492.85 KB

  • Document

    Short Term Voyages (Data).xlsx

    XLSX 16.10 MB