Market Analysis Crude Oil Brent closed at $53.61/bbl, increase by 5.34% from last Friday closing price. Market remained bullish primarily due to news of Saudi Arabia and Russia on extending the production cut by 9 months. As per BHI, US rig count increase by 8

The post LNG Natural Gas Market Update – 15th – 19th May 2017 appeared first on Finance Training Course.

Market Analysis Crude Oil Brent started recovering from mid-week & recovered 4.43% from Tuesday price of $48.73/bbl. Brent uptick is primarily due EIA inventory numbers which depicted 5.2 million barrel of commercial inventory decrease and 0.2 million barrels of gasoline. The US inventory draw dawn

The post LNG Natural Gas Market Update – 8th – 12th May 2017 appeared first on Finance Training Course.

Market News Crude Oil Oil price dropped by 4.7%, a six-month low, negated all the gains since OPEC production cut was announced. Hedge funds sell off primarily on technical parameters dictated the bearish mood. Gasoline and diesel inventory build up is also adding into bearish

The post LNG Natural Gas Market Update – 1st to 5th May 2017 appeared first on Finance Training Course.

Market News LNG Stable market in Asia as summer buying has initiated. Deals were closed in Korea and Japan around $5.70/MMBtu level. Tenders from Japan, Korea and Thailand kept the demand side strong. Hot weather outlook in Asia is fuelling the demand whereas Europe weather

The post LNG Natural Gas Market Update – April 2017 appeared first on Finance Training Course.