LNG

Intercontinental Exchange, the leading global provider of trading platforms and clearing, said November average daily volumes of trade derivatives contracts surged for European natural gas and LNG as well as North Asia spot cargo contracts as well North Sea Brent crude oil trading also jumped.

Oil prices partially recovered after two days of turmoil as US crude futures stayed in positive territory but the North Sea Brent oil price was weak amid the supply glut, also shared with the LNG market as the Asian spot price dropped.