Intercontinental Exchange reports March activity in benchmark futures trading not seen for over a decade
Intercontinental Exchange, the leading global provider of energy trading platforms for futures and options, has issued natural gas and oil trading volumes and related statistics for March and for the first quarter of 2023 when there was a jump in derivatives for natural gas and crude oil and interest rate risk management also increased.
US LNG data has France and Spain leading destinations list as Cameron LNG shipped most costly cargoes
The US Department of Energy published its latest LNG monthly export data with European nations such as France, Spain, the Netherlands and Italy being joined by Japan in the list of leading destinations while Sempra’s Cameron LNG plant in Louisiana shipped the most expensive cargoes for a second month.
US LNG exports hit lowest level since December 2016 as price recovery of global natural gas sector stalls
US LNG exports plunged to their lowest weekly level since December 2016 as only four cargoes departed from the five main US export plant compared with seven shipments a week ago as current US and global natural gas and LNG values blunted the sector’s recovery.
