Intercontinental Exchange reports record open interest amid surge in US and Dutch TTF gas and Abu Dhabi oil
Intercontinental Exchange Inc., the leading global provider of energy trading platforms, said that global futures and options markets reached record open interest of almost 94 million contracts during March as market players in sectors such as oil, natural gas and LNG launched hedging operations as prices declined.
Intercontinental Exchange reports record volumes in Dutch TTF natural gas futures as well as Brent and WTI
Intercontinental Exchange Inc. (ICE) reported a trading surge in 2023 in natural gas futures and options with very high liquidity and including record open interest of 39 percent year-over-year in December and record jumps in annual volumes for the LNG-focused Dutch Title Transfer Facility (TTF), Brent crude and West Texas Intermediate oil futures and options.
Intercontinental Exchange sees soaring liquidity across natural gas futures with Henry Hub record from 2013 surpassed
Intercontinental Exchange Inc. (ICE) reported another trading surge on natural gas and LNG futures and options with very high liquidity and including record open interest in the US benchmark Henry Hub.
Oxy and largest shareholder Warren Buffett give value boost to US Permian assets with $12Bln CrownRock deal
Occidental Petroleum, the Houston-based company with US oil and gas assets and Warren Buffett as a main shareholder as well as owning oil and natural gas stakes in Algeria, Oman and the United Arab Emirates, has agreed to buy US Permian Basin-focused energy producer CrownRock in a cash and stock deal valued at $12 billion including debt.
ICE reports record open interest and volumes in energy including North American and European natural gas
Intercontinental Exchange, the leading global provider of energy trading platforms for futures and options, reported record Open Interest for August, including European natural gas and oil contracts amid further developments of US Midland oil and the Brent crude complexes.
US forecasts ‘relatively flat’ LNG export market in 2023 and decline in domestic natural gas consumption
US Government forecasts in its latest short-term outlook that the LNG export market in 2023 will stay “relatively flat” before expanding in 2024 and expects a decline in domestic natural gas consumption.
Gold and oil shares boosted by dual-listing pact between NYSE and Africa’s premier Johannesburg exchange
Intercontinental Exchange Inc., the owner of the world renowned New York Stock Exchange and platforms for trading global oil and gas futures such as the US Henry Hub, North Sea Brent crude and the Dutch Title Transfer Facility for LNG and natural gas, has signed an accord for dual listing with the Johannesburg Stock Exchange (JSE) in South Africa.
Asian spot LNG prices drop by 23 percent on the week with Europe offering $4.50 per MMBtu premium
LNG cargo liftings declined as North Asian spot futures prices dropped by 23 percent on the week, though remained over $20 per million British thermal units and with European benchmarks offering a $4.50 per MMBtu premium.
Asian LNG spot cargo prices and European gas benchmarks go through the roof amid perceived shortages
Liquefied natural gas cargo liftings dropped and February LNG spot prices for delivery to the North Asian nations China, Japan and South Korea went through the roof, accompanied by record European wholesale natural gas futures prices for January soaring over 40 percent in a week.
LNG prices increase as demand rises with North Asia spot cargo values at over $13.00 per MMBtu
The prices of liquefied natural gas on global markets increased to their highest in 2021 in Europe while the spot LNG cargo price for North Asia rose over the $13.00 per million British thermal units level amid oil market concern about US supplies as the differential between North Sea Brent crude and US oil narrowed to well under a dollar.
