Page 28 - Robert Sims News Today : Breaking News, Live Updates & Top Stories | Vimarsana

July Natural Gas Futures, Cash Prices Sink After Bearish Inventory Report Dragged lower after a bearish government inventory report, natural gas futures plunged on Thursday after rallying more than 7.0 cents into the expiration of the June contract a day earlier. At A Glance: LNG exports remain light relative to recent highs Cash prices clunk amid cool conditions The July Nymex contract, in its debut as the front month, dropped 6.9 cents day/day and settled at $2.958/MMBtu. It had closed above $3.00 on Wednesday. August also lost substantial ground, falling 6.7 cents on Thursday to $2.978. NG...

Liquefied natural gas (LNG) demand growth in Asia will slow down next year as the economic recovery stagnates and the capacity…

Coal-to-gas switching is adding fuel to market dynamics.

Tellurian Cuts SPA to Supply Gunvor in Potential Step Forward for Driftwood LNG Tellurian Inc. said Thursday it has signed a deal to supply a subsidiary of global commodities trader Gunvor Group Ltd. with 3 million metric tons/year (mmty) of liquefied natural gas (LNG) from the proposed Driftwood LNG export terminal in Louisiana.  The announcement was a major step forward for the 27.6 mmty facility proposed near Lake Charles, which has battled through a slump in the export market to keep the project alive. No final investment decision (FID) has been made.  Under the sales and purchase agree...

Green shoots of economic recovery are bursting through. The world was always going to bounce back in 2021 – it was a question of how quickly and by how much. I asked our team how the unfolding recovery is feeding through to key commodity markets and if we are seeing the early stages of the ...