
The World Bank's natural gas price index rose 5% in November after a 5% drop in Q3. US benchmark prices diverged from Europe, where prices have fallen every month since June to their lowest since spring 2024, as US prices broke above $5/mmBtu in early December.
Global gas demand growth was weak in 2025 and is expected to recover moderately in 2026.
The widening US-Europe spread shows LNG flows are reshaping global gas balances. US gas costs for fertilizer and energy-intensive inputs stay high while European costs stay low.
Tras 40 eventos neutral de informe pasados, Gas natural se movió una mediana de +1,2 % en 5 sesiones (60% al alza; mitad central entre -3,5 % y +2,8 %), y +4,5 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.