Contains our monthly natural gas and LNG fundamental analysis.
Each month, our analysts tackle the latest key developments in natural gas and LNG markets, providing forecasts for supply, demand, and pricing.
We also take a deep dive into recent trade developments with insights on both seaborne LNG flows as well as pipeline deliveries. Our analysts are also tracking the latest pricing trends in the market, analysing what these mean for sellers, buyers, and intermediaries.
Strong winter demand drives Asian LNG spot prices to above $5 per mmBtu since January. Global winter demand to fall y-o-y despite a colder temperature outlook as Covid-19 impact lingers.
Cooling demand disappearing as we enter early autumn lull, further demand upside expected only when we enter the Northern Hemisphere winter heating season later this year. Production outages in both the East and the West should provide some support for LNG in Asia in the coming months but suddenly spike unlikely.
Natural gas prices return to pre-Covid levels. Big gas finds in the East Med to transform the region into an energy exporting Hub.
The recent price increase on the back of weather-related support will be short-lived. Overwhelming storage levels should prevent prices from any substantial move beyond current levels in the short-term.
The View - Gas is our monthly price forecasting service for natural gas, LNG and NGLs.
The report contains our rolling 12-month price forecasts for all key dry and liquid gas benchmarks with supporting analysis for all regions. Comes with:
- Its own price Excel data set; which customers can integrate into their own models or outlooks.
- Forecasts for Henry Hub futures, European Gas hub, Asian LNG hub (JKM) as well as Asian Brent Oil Indexed LNG and European Russian contract prices.
- Additional forecasts for US Ethane, and Propane and Butane in US, Europe, the Middle East (Contract Price) and Asia.
- Price outlooks for Brent crude oil and for Naphtha.
We have revised up our forecasts for US natural gas futures and Asian LNG hub prices this winter.
Cooling demand disappearing as we enter autumn lull, further upside only to be seen during winter. Price support from production outages in the East and West to be limited by vase volume of gas storage.
Our Gas Insights are available exclusively via our JBC Energy Online portal.
Each day our analysts will bring you JBC Energy’s expert take on the gas and LNG market developments that we believe will have a key impact on the market.
Through Gas Insights, clients can also access our weekly price outlooks for US, European and Asia benchmarks.