TTF

Global natural gas prices continued to normalize last week as forecasts warmed and more supplies became available.  The Japan Korea Marker spot price fell below $9.00 to finish at $8.90/MMBtu after it shot above $30 to reach an all-time high earlier this month. Meanwhile, prompt European natural gas prices were steady, moving sideways throughout most…

Snow and bitter cold from Europe to North Asia, which has pushed liquefied natural gas (LNG) and electricity prices to record-setting highs, hasn’t eased as the rally stretches into another week. Winter weather has combined with supply outages and shipping constraints in recent weeks to create a historic stretch for the global gas market. Temperatures…

Liquefied natural gas (LNG) prices continued to set records in North Asia on Wednesday as buyers scrambled for prompt cargo deliveries amid a supply shortage and cold snap. Trafigura Group Pte. Ltd. purchased a cargo from PetroChina Co. Ltd. at $21.70/MMBtu for delivery to China early next month. The transaction was above the previous high…

Winter natural gas prices across the globe have yet to peak as a rally continued Monday in Europe and Asia on colder weather that’s set to boost both heating demand and U.S. exports. The February Japan Korea Marker (JKM) contract ended 2020 on Thursday at $14.300/MMBtu, while the National Balancing Point (NBP) in the UK…

Global natural gas prices remain strong coming off a week shortened by Christmas and heading into another with limited trading activity as the New Year holiday nears. The Dutch Title Transfer Facility (TTF) contract for February delivery finished the short week on Thursday at $6.321/MMBtu, while the UK’s National Balancing Point finished at $7.015 and…

Global natural gas prices are soaring as the week gets underway amid increasing demand in Asia and colder weather in Europe. The Dutch Title Transfer Facility, the dominant price marker in Europe, hit its highest point in nearly two years during Tuesday trading. TTF is moving higher after falling last week amid lackluster heating demand,…

Global natural gas prices again moved higher last week as forecasts trended colder, and supply disruptions and a tight shipping market continued.  Spot prices in North Asia moved above $11.00/MMBtu last week, hitting a new two-year high. One bid for a January cargo was reportedly placed for more than $12.00 as the week got underway.…

Feed gas deliveries to U.S. export terminals hit new highs over the weekend, peaking Saturday at 11.48 Bcf as spreads between the Gulf Coast, Asia and Europe remain strong, according to NGI data.  Pipeline shipments to liquefied natural gas terminals were near 11 Bcf/d throughout last week, flowing at some of their strongest levels since…

Global natural gas prices fell across the board last week, weighed down by warmer weather in Europe and North America, along with continued measures to battle the coronavirus that have cut demand. January Japan Korea Marker (JKM) futures slid  to $6.375/MMBtu on Friday, finishing well below the $7.00 mark near where the contract has been…