MNI Gas Weekly: Market Awaits Trump-Putin Meeting

Aug-13 11:01By: Andrew Couper and 2 more...
Natgas

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Executive Summary: 

  • European Gas Benchmarks have fallen on healthy fundamentals as market awaits Trump-Putin meeting.
  • Asia’s LNG market softened as markets await further clarity on Russian energy sanctions.
  • In the Middle East & Africa, Israel and Egypt signed a larger supply agreement.
  • Henry Hub has lost ground amid forecasts for cooler August temperatures in the U.S.
  • In the Americas,  Mexico’s CFE awarded a two-cargo tender.