In this month’s issue, Olga Gorstenko discusses the impact that the recent natural gas contract signed by Russia and China will have on global natural gas markets, especially North American countries experiencing a shale gas “revolution.” Aiman El-Ramly and Bruce Colquhoun’s In Depth article addresses the impact that the complex pricing patterns in increasingly interconnected global commodity markets will have upon data. Numerous short articles provide updates on the new power futures launched for MISO South, Platts’s US clean tanker assessments, and more.