Friday, 05 January 2024 08:09
European and North Asia LNG cargo prices drop but US and Asian futures appear to put limit on further falls
US natural gas prices and Asian spot cargo values signalled that the price of gas around the world had dropped far enough, led down by high European supply levels and record storage, as future prices in the US and West Asia rebounded even as the Red Sea and Middle East security situation in the past week deteriorated while failing to push crude oil prices significantly higher.
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