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The East goes South

NGL markets fall worldwide: US stocks surge, Asia spreads compress, freight weakens
Published: June 17, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
17 page report
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This fortnight, we have seen NGLs come under real pressure in all regions. Surprisingly poor US stats and a weaker physical window for FEI triggered the weakness two weeks ago, and we have seen spreads in both regions under heavy pressure as crude began to drop amid unwinding geopolitical tensions and the resumption of flows through Hormuz.

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Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

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