November 27, 2024 16:40 GMT
MNI Gas Weekly: Winter Weather Takes the Driver's Seat
Executive Summary:
- European Gas Benchmarks are starting to soften after peaking on Nov. 22, with colder weather helping to ease the rate of storage withdrawals.
- Asia’s LNG market is firming amid colder weather and competition from Europe for cargoes.
- In the MENA region, Egypt is reevaluating its LNG requirements for Q1.
- See Outlooks from companies and analysts
- Henry Hub is being boosted by colder weather, as US storage has started to show net withdrawals.
- In Latin America Brazil could flip to an LNG seller in December.
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