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Significant U.S. LNG Cargo Cancellations Not Likely in 2021, BofA Analysts Say

Significant U.S. LNG Cargo Cancellations Not Likely in 2021, BofA Analysts Say

Asian liquefied natural gas (LNG) spot prices are at two-year highs and are projected to remain strong enough next summer to prevent significant cancellations of U.S. LNG cargoes in 2021, BofA Global Research analysts said. Projected U.S. LNG export arbitrages for next summer are now positive, in the range of $0.75-$1.00/MMBtu, the analysts said in…

December 14, 2020
U.S. NGL Prices Recovering Faster Than Crude, Report Finds

U.S. NGL Prices Recovering Faster Than Crude, Report Finds

Despite the warmest winter on record, U.S. natural gas liquids (NGL) prices are recovering faster than crude oil, thanks in large part to strong growth in propane and butane exports and slowing domestic shale gas production, according to report by BofA Merrill Lynch Global Research.

March 11, 2016

BofA Merrill Lynch Slashes 4Q NatGas Price, More Optimistic for Late 2016

The prospect of a natural gas glut this winter has sent U.S. natural gas prices crashing, leading another investment bank to slash its price forecast for the fourth quarter, this time by 50 cents.

October 26, 2015

Marcellus ‘Monster’ Taking Bite Out of Price Forecasts

Robust production out of the Marcellus Shale is weighing on prices, causing Bank of America (BofA) analysts to doubt the staying power of their fourth quarter and 2014 price forecasts and prompting Bernstein Research to cut its 2013 forecast by 25 cents.

August 26, 2013

Gas Price Forecasts Cower Before Marcellus ‘Monster’

Robust production out of the Marcellus Shale is weighing on prices, causing Bank of America (BofA) analysts to doubt the staying power of their fourth quarter and 2014 price forecasts and prompting Bernstein Research to cut its 2013 forecast by 25 cents.

August 26, 2013