The Brent oil price hung on last night ending down a touch $49.45. Henry Hub gas is still strong at $2.89mmBtu:
New flow was bearish with Nigeria getting set for renewed volumes, Iraq pushing the same whereas Libya is still chopping through its politics. I see prices still headed for $40 before year end as the OPEC freeze freezes.
Turning to LNG, prices were virtually unchanged again at $6.94mmBtu:
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