WDS 1.15% $27.25 woodside energy group ltd

LNG

  1. 610 Posts.
    lightbulb Created with Sketch. 17
    Guys and gals, if someone could answer the following question, id be very appreciative

    Always read how long term price contracts of LNG are somehow pegged to oil price.

    Would this be Brent oil trading around $62 a barrel. Or crude oil trading around $51 a barrel
    As seen here.  
    http://www.investing.com/commodities/energies

    I know half the worlds oil is Brent (apparently) but am at a loss which oil price i should be cheering on..

    Thats a big difference 51 to 62 a barrel

    I eagerly await answers...

    Thanks
 
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