LNG Price War Could Send Natural Gas Into Negative Territory

Jousting for market share at a time of massive supply/demand imbalances was the key reason why oil markets recently entered uncharted waters after dipping into negative territory. Unfortunately, leading natural gas players could be contemplating the same folly as the oil protagonists.  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 U.S. and elsewhere. However, the industry is far from being out of the woods.  Whereas many oil punters…