LNG Bunker Snapshot: European LNG prices slump $235/mt on Middle East peace hopes

AI Summary

LNG bunker prices fell across ARA, the Baltics, and Singapore, with European prices down US$235 per metric ton and Singapore prices down US$139 per metric ton. The report attributes the market decline in part to hopes for peace in the Middle East and notes that Rotterdam’s bunker premium narrowed as TTF prices also fell.

Weekly changes in LNG bunker prices: ARA down by $235/mt to $1,638/mt Baltics down by $235/mt to $1,741/mt Singapore down by $139/mt to $1,747/mt ARA Rotterdam’s LNG bunker price has fallen by more than TTF, as its bunker premium has narrowed. Front-month TTF has fallen by $4.08/MMBtu ($212/mt) to $28.77/MMBtu ($1,496/mt). Rotterdam’s bunker premium over ...