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MNI Gas Weekly: Prices Slip Back as Supply Concerns Ease

NATGAS

Executive Summary:

  • European Gas has trended downward this week amid easing fears of import supply risks and cooling temperatures.
  • Asia’s LNG market is weighing an open US arbitrage against some local outages and pockets of cooling demand.
  • Henry Hub has fallen to its lowest level since mid-May amid stronger production and lower LNG feedgas flows.

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Executive Summary:

  • European Gas has trended downward this week amid easing fears of import supply risks and cooling temperatures.
  • Asia’s LNG market is weighing an open US arbitrage against some local outages and pockets of cooling demand.
  • Henry Hub has fallen to its lowest level since mid-May amid stronger production and lower LNG feedgas flows.

Full piece here: