Daily LNG price update (pulverised)

David Llewellyn-Smith

Wednesday 10 December 2014

Well, jeez, catch this falling knife:

As I write, Brent oil is sitting at $64, down another 4%. The equivalent LNG contract estimate is $9.64mmBtu:

The cause was more OPEC jawboning, from Bloomie:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.