Global gas prices showed mixed movements last week, with Asian LNG strengthening to its highest level since early August, European prices whipsawing around weather and storage signals, and US Henry Hub surging mid-week before falling sharply on contract rollover. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG benchmark JKM (March delivery) rose to […]
Despite all the recent volatility, global gas price correlation continued to strengthen in Jan 26, highlighting the increasingly intertwined nature of regional gas markets. 2026 opened with explosive volatility, with Henry Hub swinging all around and recording an all-time high volatility of near 300%, while both TTF and JKM hit their highest price variability since […]
Henry Hub prices have just experienced one of their most violent intramonth sell-offs on record. After surging by almost 65% since mid-January, the Henry Hub March contract plummeted by more than 25% yesterday — the steepest within-month decline for any futures contract since 1995. There are several factors contributing to this near-record decline: (1) Milder […]
Henry Hub gas prices surged sharply during late January as Storm Fern drove extreme cold across the United States, triggering widespread freeze-offs, record local price spikes and a sharp rise in gas-fired power demand. US local gas prices surged to their highest level since Storm Uri, shooting up to triple digits in the Northeast amid […]
Global gas prices strengthened sharply last week, led by strong gains in Europe and the United States as colder weather, falling storage levels and supply disruptions tightened near-term fundamentals, while Asian LNG prices followed at a more moderate pace. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG benchmark JKM (March delivery) rose into […]
New analysis by Timera Energy explores how rising US gas price volatility is reshaping LNG portfolio value and risk as global LNG markets move into a new phase of price convergence. The report argues that the rapid expansion of US LNG export capacity through 2026–2030 will increasingly link Henry Hub dynamics with global LNG benchmarks […]
Henry Hub gas prices surged to unprecedented levels as extreme winter weather tightened US gas balances, highlighting the vulnerability of supply and power systems during severe cold events. Henry Hub spot prices surged to an all-time high of over $30/mmbtu as Storm Fern is hitting the US with full force. Henry Hub spot prices rose […]
Global gas prices strengthened across Asia and Europe last week as colder weather forecasts and heightened geopolitical risks supported near-term demand, while US prices remained comparatively soft despite increased volatility. Asia – JKM (Northeast Asia) The Northeast Asian spot LNG benchmark JKM (March delivery) rose to the low-USD 10s/MMBtu by mid-January, recovering from earlier weakness as […]
Long-term LNG contracts accelerated sharply in 2025, driven by a wave of US-linked deals and a surge in pre-FID project commitments, before activity slowed markedly toward year-end. Over 100 long-term LNG contracts were announced in 2025, with about half of the total contracted volumes coming from pre-FID projects, mostly in the US. Activity was mainly […]