Friday, February 7, 2025

New Market Aims to Make Trading LNG More Like Oil

From the Wall Street Journal Two U.S. exchanges plan to launch derivatives that could make it easier to trade a type of natural gas, potentially revolutionizing this market in the way that the Brent and West Texas Intermediate benchmarks did for crude oil, according to people familiar with the matter. The moves by CME Group Inc. and Intercontinental Exchange Inc. come as increasing shipments of liquefied natural gas from the U.S. and elsewhere have helped create a spot, or