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OPEC still divided even as Saudis see markets settling
Recent comments from OPEC's Nigerian president and the oil minister of top producer Saudi Arabia show just how divided the group remains after its November decision not to reduce crude...Read More »
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Dutch, German prompt, front-month gas prices ease on bearish fundamentals
Prompt and front-month gas prices posted some losses on a relatively well
supplied system in continental Europe in the first session of the week,
tracking plunging UK NBP prices equivalent.
China cuts non-residential gas prices, merges existing two-tier system
China is taking advantage of lower oil prices to merge the two tiers of
oil-linked natural gas prices it sets at the city-gate level for
non-residential users, and has also reduced overall prices.
Platts JKM for April delivery up 67.5 cents over week, optimization gains momentum
The Platts JKM for April delivery ended the Asian trading week at
$7.40/MMBtu Friday, up 67.5 cents from last Wednesday, as bids and offers
rallied, buoyed by strong European onshore gas prices, rising crude futures
and a limited number of cargoes available for April delivery.