GLOBAL LNG-Asian prices drop for 3rd week amid expectations of mild winter

Asian spot prices for liquefied natural gas (LNG) fell for a third consecutive week on expectations of a mild winter denting demand amid ample global supply, trade sources said. Spot prices are at their lowest for this time of the year in a decade, Refinitiv Eikon data showed. Prices for December delivery to Northeast Asia are estimated to be about $5.70 per million British thermal units (mmBtu), down 20 cents from last week, said several sources who are market participants. …read more

Source:: Yahoo Finance

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