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With gas will be worse than oil

Sunday, December 27, 2015 17:34

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Site Oil Price writes about a glut in the market of liquefied natural gas, and predicts that the situation it will be even worse than it is now in the oil market. Given the drop in natural gas prices in the US to 16-year low, such a scenario is feasible.

At that time, as the oversupply in the oil market is in full swing and will continue for at least the next year, the market for liquefied natural gas (LNG), according to the site OilPrice, such as overstocking just beginning. With gas, according to US experts, still ahead.

Of course, the difference between LNG and oil markets is essential. First of all, it is the size: the LNG market is much smaller than the oil market. This means that the construction of several new terminals for LNG exports could significantly change the balance of supply and demand on the market …. http://expert.ru

Source: http://luismmx.blogspot.com/2015/12/with-gas-will-be-worse-than-oil.html

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