Global gas prices in late June are up from record lows amid a recent but modest uptick in demand, fueled by easing virus-related lockdowns and rising summer temperatures.  In Northeast Asia, news of recent US LNG cargo cancellations has done little to relieve the pressure on import prices. On June 24, the JKM settled in the low-$2/MMBtu area where it has continued to hover recently amid limited demand from only a handful of end-users in China, Japan and South Korea. In Europe, benchmark Dutch TTF month-ahead gas prices have rebounded from record lows in late May to the upper-$1/MMBtu level recently, supported by bullish weather forecasts and a planned maintenance in […]