Commodities

Hormuz LNG shipments reach post-war high in September, with reports differing on cargo count

• Business Standard and Economic Times report 19 cargoes; Times of India says 19 to 21
• Business Standard says 13 cargoes came from Qatar and six from the UAE
• More LNG flows may ease supply concerns for Indian gas buyers, including Petronet LNG

India to face tougher competition for gas this winter? Here's what expert said

• Qatar supply disruptions could tighten global gas markets and raise India’s winter LNG costs
• India may face stronger competition with Europe for alternative gas supplies
• Higher LNG costs could pressure Petronet LNG, city gas distributors and Indian Oil margins

Natural Gas Moves Lower as EIA Reports Record-High Production

• Natural gas fell 0.3%, retreating below $3 per mmBtu
• U.S. natural gas production reached a record high in July, the EIA reported

Natural Gas Price Forecast: Key Support Faces a Critical Test