LNG

European and Asian natural gas market prices declined again with the Dutch Title Transfer Facility (TTF) benchmark falling by over 7 percent on the week to about $14.5 per million British thermal units as more LNG cargoes were pointed at Europe, though the current price was well down on the $53.8 per MMBtu that prevailed exactly a year ago after the Russian invasion of Ukraine caused chaos in already tight global gas markets.

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