LNG prices soar as China faces winter gas crunch

After 59 past bullish trade events, NATGAS moved a median +1.3% over 5 sessions (61% higher; middle half -2.7% to +10.6%), and +8.0% over 20.

• Jan 1, 2018China Winter Gas Binge Pushes It Toward No. 2 LNG Buyer Spot-13.3%
• May 6, 2022U.S. gas prices soar as Europe and Asia scramble for LNG-12.9%
• Dec 21, 2021LNG cargoes diverted toward Europe from Asia as gas prices soar | Reuters-5.2%
• Nov 3, 2017LNG Prices Climbing As China Scrambles To Secure Supply | OilPrice.com+13.7%
• Mar 26, 2021U.S. gas industry increasingly relies on LNG exports+1.3%

After 12 past neutral trade events, BRENT moved a median +2.3% over 5 sessions (75% higher; middle half +0.2% to +4.6%), and +4.7% over 20.

• Apr 14, 2021China's Iranian oil buying spree crushes demand for Brazil, Angola crude+4.3%
• May 27, 2019Oil under pressure from U.S.-China trade war, but OPEC cuts provide support, ETAuto-9.0%
• Sep 16, 2019U.S. crude export demand surges after attack on Saudi facilities+6.6%
• Jul 16, 2020Soybean Rises on Stronger Chinese Demand+0.6%
• Oct 31, 2017Oil approaches 2-year highs but US export increase looms crude exports | The National+5.8%