Commodity Market Report

Global gas & LNG weekly summary: 8 Feb 2024

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March TTF prices ended the week at around $8.9/mmbtu, a small decrease week on week. European gas prices remained at the bottom of the coal-to-gas switching range, maintaining the incentive for gas-fired generation. March Northeast Asian DES prices reduced by 40 cents to $9.2/mmbtu. In the US, March Henry Hub prices remained around $2/mmbtu, despite regional wintry weather in Southern California prompting the SoCal Citygate’s index up by 9.6 % on 5 February.

Table of contents

  • >> The full report is available as a PDF in the Download section
  • Global LNG prices slide further ahead of the Chinese Lunar New Year
    • >> The full report is available as a PDF in the Download section

Tables and charts

This report includes 2 images and tables including:

  • Weekly European gas fundamentals
  • Weekly floating LNG storage and trade routes

What's included

This report contains:

  • Document

    Global Gas & LNG Executive Summary 20240208.pdf

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