Commodity Market Report
Global gas & LNG weekly summary: 25 July 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
August TTF prices settled around $10.4/mmbtu after a midweek spike due to supply concerns that the unplanned outage would setback Freeport's return. The European balance has remained flat week-on-week, with underground storage at 84%, slightly below 2023. Cross-basin flows are incentivised by a $1.8 spread between TTF and Northeast Asia DES. Forecasts for August suggest higher temperatures, increasing the front of the forward curve.
Table of contents
- >> The full report is available as a PDF in the Download section
- TTF spikes as Freeport supply disruption takes centre stage while NFE marks first LNG
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Extract examples of the PDF report
- >> The full report is available as a PDF in the Download section
Tables and charts
This report includes 2 images and tables including:
- Weekly European gas fundamentals
- Weekly floating LNG storage and trade routes
What's included
This report contains:
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