Commodity Market Report
Global gas & LNG weekly summary: 8 June 2023
Report summary
TTF bounces with extended NCS maintenance and as on-the-water LNG drops TTF bounced this week, with the July contract settling at $8.4 on Wednesday, up 15% week-over-week. Production was already sitting at 5-year lows due to Norwegian Coastal Shelf maintenance, when several maintenances were extended and as warmer than normal weather forecasts materialized. NE Asia prices were relatively flat settling at $8.8 , as was Henry Hub which settled at $2.3.
Table of contents
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TTF bounces with extended NCS maintenance and as on-the-water LNG drops
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- Prices as of 7 June 2023
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