Daily LNG price update (staggering)

Wednesday 8 July 2015

Brent oil managed a little rebound overnight sitting at $57.10 as I write. The news was thin with nothing yet on the Iran deal.

The indicative LNG contract price rallied to $7.99mmBtu:

LNG news was also thin but a new report from the Carbon Tracker initiative is worth a look. Here are its demand scenarios:

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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.