October 09, 2024 11:43 GMT
NATGAS: MNI Gas Weekly: Middle East Conflict Remains in Focus
NATGAS
Executive Summary:
- European Gas Benchmarks remain elevated as the market anxiously awaits Israel’s retaliation against Iran.
- Asia’s LNG market is taking stock of geopolitical risks, while Chinese buyers prepare for a return to winter procurement.
- In the Middle East, energy facilities across the region could be at risk from any further escalation.
- Henry Hub has lost ground this week as Hurricane Milton could disrupt power demand
- In Latin America, Brazil continues its buying bonanza as hydro production falters.
- Full piecehere:
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