Russia's invasion of Ukraine has caused a split in global oil trade, with some countries reducing or banning Russian oil imports while others increase them. Tight supply and robust Asian demand are leading to potential price spikes in the natural gas market this summer. Russian oil exporters are charging more for oil in India, weakening the impact of Western sanctions. US LNG has become crucial for meeting Europe's energy needs since the invasion. Market conditions suggest higher and more volatile natural gas prices ahead, with various factors contributing to supply disruptions and price spikes.
🔥 Fears of a supply crunch are already materializing in European gas futures. The discount between summer and winter future contracts has steadily narrowed and is near the smallest since March. Investment funds are getting involved, boosting their bets on higher European… https://t.co/GZuhyQ7T5W
#LNG: Asia spot prices gain on hot weather, Australia facility https://t.co/EAAmLWAamd
#LNG: LNG-Asia spot prices gain on hot weather, Australia facility https://t.co/EAAmLWAamd
Russian people, firms, cash and goods have poured into the Caucasus and Central Asia since the invasion of Ukraine. But the war has also dented Russia’s standing across the region https://t.co/XblX6elRgE 👇
Robust demand and supply disruptions are setting the stage for more LNG price spikes this summer ⚠️ 🇪🇬 Egypt flipped from an LNG exporter to an importer 🇺🇸 An active hurricane season risks disruptions to US plants 🇪🇺 More LNG is going to Asia over Europe https://t.co/hhRXvmFvIy
Market Minute: Supply Disruptions and War Premium Priced in LNG "From production issues to the termination of Russian contracts, the demand for LNG throughout the summer and fall may have more tailwinds than expected." https://t.co/A4Te2RLPNW
Since the Russian invasion of Ukraine began, U.S. LNG has become an increasingly important source of meeting Europe’s energy needs, supplying nearly 20% of European gas consumption in May ’23 alone. However, this picture could change thanks to an odd combination of existing… https://t.co/Q2DIAAslyn
"Robust demand and supply disruptions are setting the stage for much higher — and more volatile — natural gas prices this summer." https://t.co/ToqxLzeytC #energy #NaturalGas #shale #fintwit #oilandgas #Commodities #ONGT #natgas https://t.co/YY6QJ9hXrP
Russian oil exporters are charging more for their oil in major market India than at any time since the war in Ukraine started as a growing number of shippers and intermediaries take part in the trade, weakening the impact of Western sanctions on Moscow. https://t.co/JpZ2nSm1wJ
Tight supply and robust Asian demand are raising the potential for price spikes across the natural gas market this summer, writes @SStapczynski https://t.co/ablD6MAcYE via @markets
Tight supply and robust Asian demand are raising the potential for price spikes across the natural gas market this summer, writes @SStapczynski https://t.co/Q2k1Phw4bj
Russia's invasion of Ukraine led to a split in global oil trade, with some countries reducing or banning Russian oil imports and others increasing them. https://t.co/rNCacyTsRG