LNG Journal shipping, trading and pricing: Aramco attacks and oil surge add to uncertainty

Monday, 16 September 2019

Cargo prices for liquefied natural gas shipments in the Pacific Basin and the Atlantic Basin are rising for the October and November windows with European spot natural gas values and Asian benchmarks moving higher and being tracked by US Gulf Coast LNG futures prices. A jump in Brent crude oil to more than $67 per barrel added to uncertainty  after the drone attacks on Saudi Arabia's Aramco plants.

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