Carbon pricing, storage levels, LNG outages: Global links emerge to drive natural gas price movements

Commodities Focus

Recent dynamics driving unseasonably high JKM and TTF pricing, ranging from elevated carbon pricing and LNG outages creating supply disturbance in Asia, have further illustrated the emerging global links driving natural gas pricing.

Beyond these current dynamics, European and US storage exit winter at lower levels than recent years, but what does robust US production, low pricing, record US feedgas and elevated TTF levels mean for global gas prices heading into summer?

Ira Joseph, S&P Global Platts head of generating fuels and electricity power pricing, and Ryan Ouwerkerk, manager of Americas natural gas pricing, dive into the trends influencing the markets.