Natural gas prices increased across Asia, Europe and the United States last week, supported by geopolitical tensions in the Middle East, colder European weather and U.S. supply disruptions. JKM and TTF climbed amid renewed LNG supply concerns, while Henry Hub gained on stronger heating demand and hurricane-related production outages. Asia – JKM The Northeast Asian […]
TTF gas prices surged to their highest since Dec22, with the European benchmark closing yesterday at just over €87/MWh ($27.3/mmbtu). After a short-lived bearish turn, TTF prices rose by almost 20% since the end of September. Several, short-term factors are contributing to this strong increase: (1) Colder weather forecasts for the second half of October […]
LNG shipments through the Strait of Hormuz offer temporary relief to Asian importers, but sporadic cargo movements do not signal a lasting recovery in supply. Continued security risks leave markets exposed to disruption and uncertainty ahead of winter. Like a painkiller: LNG exit flows through the Strait of Hormuz collapsed by 90% yoy since the […]
Natural gas prices showed mixed movements last week as Middle East developments and changing supply expectations drove volatility. JKM and Henry Hub declined, while TTF rose as European markets refocused on winter supply risks and relatively low storage levels. Asia – JKM The Northeast Asian assessed spot LNG price JKM for last week (28 September–2 […]
European gas prices climbed to new highs in September amid tightening market fundamentals, continued geopolitical tensions and growing concerns over low storage levels. In Europe, TTF prices more than doubled compared to last year, averaging at $25.5/mmbtu – their highest monthly level since Dec22. There are several factors at play: with Hormuz closed, Europe’s LNG […]
Natural gas prices fell in Asia and Europe last week as geopolitical risk premiums eased and winter procurement reduced near-term buying needs. JKM and TTF declined, while Henry Hub rose on late-summer heat, lower production and a relatively small storage build. Asia – JKM The Northeast Asian assessed spot LNG price JKM for last week […]
Natural gas prices eased in Asia and Europe last week as geopolitical risk premiums declined and supply conditions improved. JKM and TTF retreated from recent highs, while Henry Hub edged higher on robust LNG feedgas demand. Asia – JKM The Northeast Asian assessed spot LNG price JKM for last week (14–18 September) fell to low-USD […]
Disruption to Middle Eastern LNG flows is prompting buyers to reassess how they secure supply and manage geopolitical risk. Geographic diversification, more flexible purchasing arrangements and stronger contractual protections are emerging as central elements of LNG procurement strategies. A new McKinsey survey of LNG buyers indicates that the disruption to transit through the Strait of […]
Natural gas prices rose sharply in Asia and Europe last week as geopolitical tensions and supply concerns intensified. JKM reached its highest level in about two and a half years, while Henry Hub weakened on robust U.S. production and ample inventories. Asia – JKM The Northeast Asian assessed spot LNG price JKM for last week […]