Have LNG and gas markets returned to normality in 2023?
Commodities Focus
00:00
LNG Gas Prices in Europe and Asia Are in a Very Tight Band
In northwest Europe, we assessed that around $15 from MBT recently just to give some context. Compare that to around a peak of $74 in August of last year or about $24 year on year. And the gas stocks have receded recently. We were able to hit that EU target of 80% before the winter, and they were around 69% of the last reading. So yeah, the demand side is definitely playing heavy into it.
Transcript
Play full episode
