In summer 2016 I predicted oversupply for LNG. Subscribers to energy & Geopolitics would have known. The readers of my blog would have known as well with a slight delay. Sure enough, the following Shell LNG report did not see that coming. I stood by my prediction through a couple of public discussions. And I ignored the snickering. Looks like I was right. Wishful thinking is no substitute for analysis.
Asian spot prices for liquefied natural gas (LNG) slipped this week, with many Chinese and other regional players absent from the market due to the Golden Week holiday and no respite seen from rising supplies.