LNG price war could send natural gas into negative territory ...United Arab Emirates

News by : (Russia Today) -
Natural gas producers could soon be about to fight out a battle for market share in which prices could fall to negative levels until some of them decide to curb output. Oil prices have staged an impressive recovery thanks to demand starting to bounce back as well as ongoing production cuts both by OPEC+ and IOCs in the US and elsewhere. However, the industry is far from being out of the woods.  Whereas many oil punters now feel that negative prices are unlikely to happen again any time soon due to the developing tailwinds, CFTC recently fired a warning  to brokers, exchanges, and clearinghouses that it actually remains a distinct possi

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