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LNG short-term webinar: February 2025
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Report summary
European TTF prices saw a continued rise at the start of the month but dropped sharply after peaking in mid-February, driven by milder weather and expectations of relaxed European storage refill targets. European LNG DES prices followed suit, losing their premium to Asian LNG spot DES by mid-February. This has started to attract marginal LNG cargoes back to Asia. Short-term prices could experience further volatility, depending on the nature of any peace agreement reached in the Russia-Ukraine conflict.
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