LNG prices and futures jump even amid high storage as Israeli missile targets Iran while Qatar cuts back deliveries
European and Asian liquefied natural gas prices and futures surged again as Israel targeted military assets in Iran overnight with a wider Middle East conflict threatening LNG cargo deliveries from Qatar as departures were lower this week because of shipping security as well as weather issues.
European and Asian LNG prices rebound as cooler weather and energy policy uncertainties offset high global storage
European and Asian liquefied natural gas prices rebounded from three-year lows as cooler weather and the return of government energy policy uncertainties offset high global storage levels and concerns over trade route insecurity.
European LNG prices plunge again on high storage and mild weather while more cargoes point at Asia
European Union liquefied natural gas and pipeline gas prices plunged by a double-digit margin again as storage inventories increased and mild weather weakened demand, while more cargoes from a low seasonal level of liftings began to point at Asian markets.
European LNG prices hit lowest level since mid-2021 as storage builds and demand is tepid in EU and Asia
European liquefied natural gas and wholesale pipeline gas prices dropped to their lowest level since June 2021 and reached parity with slowly rising North Asian spot cargo prices as the European Union increased storage volumes while demand declined on milder weather.
