Asian Spot LNG Prices Rise for Third Week to Multi-Year High
Asian spot liquefied natural gas prices rose for a third consecutive week to a fresh multi-year high, supported by firm Northeast Asian demand and colder weather forecasts. Geopolitical risks from the ongoing U.S.-Iran conflict also persist.
By Emily ChowAsian spot liquefied natural gas gained for a third consecutive week to a fresh multi-year high on firm northeast Asian demand amid colder weather forecasts, while concerns over geopolitical risks from the ongoing US-Iran conflict persist.The average price for December delivery into no…