Asian spot liquefied natural gas (LNG) prices fell for the sixth straight week to their lowest level in more than two years, while European LNG prices also declined on weak demand and high inventories. The average LNG price for July delivery into northeast Asia LNG-AS was down 5.3% from the previous week at $9 per million British thermal units (mmBtu), according to industry estimates, the lowest since April 2021. Asia LNG prices have not risen week-over-week in the 22 weeks since mid-December. "Market fundamentals are still quite bearish in Europe in terms of gas storage and domestic consumption, which could ... (full story)