Daily oil and LNG price update (get shorty)

David Llewellyn-Smith

Thursday, 19 May 2016

The Brent oil price was hit to $48.57. Henry Hub was whacked again to $2mmBtu:

Brent took a double blow as a hawkish Fed boosted the dollar and weekly US stocks over-delivered, from John Kemp:

Production did keep falling:

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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.