
An NGI interview with analyst Nikos Tsafos says the LNG market faces continued volatility and oversupply, with gas in storage in Europe and the US likely to weigh on prices into 2021. He expects storage depletion over winter to set the tone for next summer.
Expectations of oversupply and high storage are bearish for gas prices, which in turn lowers energy and nitrogen fertilizer input costs over the medium term. The view is opinion rather than a new supply event.
Tras 59 eventos bajista de macro pasados, Gas natural se movió una mediana de +1,3 % en 5 sesiones (58% al alza; mitad central entre -5,0 % y +5,2 %), y -2,0 % 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.