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NATGAS: MNI Gas Weekly: Prices Ease Back but Winter Supply Fears Linger

NATGAS

Executive Summary:

  • Concerns for winter supply are driving up TTF forecasts for Q4 onwards.
  • European gas benchmarks plunged as easing supply concerns sparked a sell-off.
  • Asia’s LNG market is seeing opportunistic buying as prices start retreating.
  • Henry Hub has been hit by volatility this week with all eyes focused on Hurricane Francine’s potential impact.
  • In Latin America, Brazil’s gas demand pull continues to grow amid falling hydro output.

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