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The average LNG price for November delivery into north-east Asia was $32.5 per million British thermal units (mmBtu), down $1.50, or 4.4%, from the previous week, industry sources estimated.
Record low spot prices for liquefied natural gas (LNG) are attracting buying interest from companies in Asia hunting a bargain after China's top buyer of the fuel declared force majeure last week ...
For late December, spot prices were heard at $10.40 per mmBtu, although they were under the $10 mark for early December delivery weeks. Global LNG: Asian spot prices retreat again as shipping clogs up
Price per million BTU of oil and natural gas in the US, 1998-2015. Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe.
The average LNG price for June delivery into northeast Asia <LNG-AS> was estimated at around $1.95 per million British thermal units (mmBtu) on Friday, $0.35 per mmBtu lower than the estimate last ...
The spot energy market allows producers of surplus energy to instantly locate available buyers for this energy, negotiate prices within milliseconds, and deliver energy in a short-term timeframe. [3] Spot markets can be either privately operated or controlled by industry organizations or government agencies.
The average LNG price for October delivery into north-east Asia was estimated at $70.50 per million British thermal units (mmBtu), up $13.50, or 23.7%, from the previous week, industry sources said.
In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for immediate settlement (payment and delivery) on the spot date, which is normally two business days after the trade date. The settlement price (or rate) is called spot price (or spot rate).