LNG futures closed at $8.91/MMBtu Thursday, up from $8.84 earlier in the week. This uptick aligns with higher charter rates for LNG vessels, suggesting tightening transport capacity could influence Q1 price dynamics. “Our acceptance into the FERC pre-filing process under Docket No. PF25-11 is a pivotal step toward realizing Argent LNG’s vision as a premier global LNG supplier,” said Jonathan Bass, Chairman and CEO of Argent LNG. “Designed for speed, efficiency, and performance, this project leverages modular technology and partnerships with industry leaders like Baker Hughes, Honeywell UOP, ABB, and GTT to strengthen U.S. energy security while creating significant economic opportunities for Louisiana.” For now, fundamentals favor a bearish short-term outlook, as elevated production, weak LNG demand, and only modest weather-related support keep pressure on prices. Traders should monitor the $2.947 to $2.887 zone closely for signs of either stabilization or breakdown. LNG futures hover at $8.93/MMBtu as traders assess cross-commodity spreads. The LNG-oil spread widening is prompting portfolio adjustments from energy hedge funds seeking optimized seasonal exposure.
