European LNG spot prices struggle to compete with oil, gas linked contracts

European LNG spot prices have struggled to compete with oil-linked contracts as the overarching bearish sentiment in crude oil was battling the looming winter risks in the European natural gas and LNG markets, according to data from S&P Global Commodity Insights. Platts, part of S&P Global Commodity Insights, assessed the Northwest European LNG marker for October at $11.813/MMBtu on Sept…. European LNG spot prices have struggled to compete with oil-linked contracts as the overarching bearish sentiment in crude oil was battling the looming winter risks in the European natural gas and LNG markets, according to data from S&P Global Commodity Insights. Platts, part of S&P Global Commodity Insights, assessed the Northwest European LNG marker for October at $11.813/MMBtu on Sept…. Read More