Spot LNG prices held below $5.00/MMBtu in the four weeks from mid-June to mid-July on the back of continued strong supply in the global market. However, spreads between regions were tightening up in the middle of July as European gas prices strengthened on the back of Norwegian maintenance outages. Meanwhile, the approach of Tropical Storm […]
Energy Connections
European energy prices looking weak heading into third quarter
This article was written by Harriet Roberts. It discusses the findings of the ICIS European Energy Mid-Year Outlook 2019 European energy prices weak on oversupply, power benchmark front-year has room to fall European wholesale gas and power prices are set for a bearish third quarter, underpinned by strong supply at both a continental and global […]
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