Friday, 14 July 2023 08:14
European benchmark LNG prices drop to 26-month lows as margin widens with North Asian spot cargo values
Asian liquefied natural gas spot prices edged lower for August while the European Union wholesale gas benchmark plunged on the week to a 26-month low under $9 per million British thermal units - after being at $53 per MMBtu a year ago - as gas demand dropped on the Continent and EU gas storage was filling up.
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