Commodity Market Report
Global gas & LNG weekly summary: 9 Nov 2023
Report summary
Charter rates increase while Israel resumes gas export to Egypt This reporting period saw Henry Hub, TTF, and NE Asia DES decrease across the board. TTF December prices saw a sharp downward revision upon news of a mild weather forecast for the month. However, adjusted to around 60 ₡ less at the end of this period to $14.5. NE Asia DES also tracked TTF downwards from $17.1 to $16.7. Henry Hub edged downward this week settling at 20 ₡ less to $3.1. With the increased spread between basins, there has been potential for West African fob to take advantage of inter-basin arbitrage.
Table of contents
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Charter rates increase while Israel resumes gas export to Egypt
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Tables and charts
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- Prices as of 18Nov 2023
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