Australian LNG

Daily LNG price update (Santos as Fortescue)

David Llewellyn-Smith
Friday, 5 December 2014
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The Brent oil price got bumped around by the ECB but was essentially unchanged overnight at $69.72:

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The LNG contract price is still hovering in the mid $10s mmBtu. The news of the night was from Bloomie:

Oil market analysts are debating if oil will fall to $50. In North Dakota, prices are already there.

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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.