Saturday, November 24, 2018

Asian LNG Prices Dragged Down By Oil Slide, Heavy Supply

Asian spot prices for liquefied natural gas (LNG) tumbled nearly 10% this week to a more than three-month low, knocked lower by a slide in oil prices, forecasts for a warmer than average winter and ample supply onshore and in tankers. Spot prices for January delivery in North Asia  were estimated at $10 per million British thermal units (MMBtu), 90 cents lower than last week, according to traders.

https://www.shaledirectories.com/blog/asian-lng-prices-dragged-down-by-oil-slide-heavy-supply/

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