LNG

European liquefied natural gas cargo and wholesale gas futures prices rebounded while North Asian LNG spot prices also gained as a cloud of uncertainty hung over demand dynamics in the months ahead even as European Union gas storage was almost full.

North Asian LNG spot prices came off recent seasonal highs to drop into the $12.00 per million British thermal units zone as European values also eased and an economic recovery was awaited to match all the talk amid mixed signals from the oil market.