Daily LNG price update (oil toppy)

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The Brent oil price fell solidly last night to $39.71 and Henry Hub gas settled at $1.82mmBtu:

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The OPEC non-deal continues to fray:

Kuwait’s oil minister said he never got an official invitation to a March OPEC meeting and had only heard about it via the media.

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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.