"This raises the possibility that the LNG market will return to deficit early in the next decade, thus handing the whip hand back to producers.
If producers are forced by current weak energy prices to shift away from long-term, oil-linked prices, it would be a fair bet that when the market returns to deficit they will be ruthless in applying their pricing power.
If the market is then based on short-term contracts, buyers could be in for a hard time.
LNG buyers should be wary of getting what they want: Russell
www.hellenicshippingnews.com › Oil & Energy › Oil & Companies News
55 mins ago - Even if U.S. shale oil and other higher-cost crude such as Canadian tar sands and deep offshore wells are forced from the market, they will come back as soon .
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"This raises the possibility that the LNG market will return to...
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Last
$12.41 |
Change
-0.330(2.59%) |
Mkt cap ! $21.37B |
Open | High | Low | Value | Volume |
$12.59 | $12.60 | $12.37 | $48.42M | 3.886M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 30223 | $12.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.48 | 12483 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1057 | 13.030 |
2 | 398 | 12.780 |
1 | 1 | 12.770 |
1 | 300 | 12.750 |
1 | 42 | 12.460 |
Price($) | Vol. | No. |
---|---|---|
11.660 | 3219 | 5 |
11.790 | 471 | 2 |
12.110 | 1010 | 2 |
12.350 | 495 | 1 |
12.410 | 921 | 1 |
Last trade - 16.17pm 18/09/2025 (20 minute delay) ? |
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ORG (ASX) Chart |