# LNG Recap: Henry Hub Leads Global Gas Benchmarks Higher

> U.S. Henry Hub gas prices surged to their largest single-day gain in over 18 months, and global benchmarks in Asia and Europe moved higher. Analysts said Henry Hub is setting a price floor for LNG markets, while fewer expected cargo cancellations also supported prices. More than 100 U.S. LNG cargoes were canceled or expected to be canceled between June and August.

- Date: 2020-08-05 · published 2020-08-05T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/10740-lng-recap-henry-hub-leads-global-gas-benchmarks-higher
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

U.S. LNG export flows now act as the marginal supply for Europe and Asia, so Henry Hub strength transmits to global gas prices. Higher gas costs tend to raise fertilizer and energy costs that feed into grain and feed ingredient prices.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-12-02 | [US LNG exports hit record highs as global gas crunch persists \| S&P Global](https://feedsoft.ai/events/43793-us-lng-exports-hit-record-highs-as-global-gas-crunch-persists-s-and-p-global.md) | -11.2% | -13.9% |
| NATGAS | 2020-11-24 | [Henry Hub gas prices have gone global \| Wood Mackenzie](https://feedsoft.ai/events/50346-henry-hub-gas-prices-have-gone-global-wood-mackenzie.md) | +17.3% | +12.7% |
| NATGAS | 2024-06-01 | [Dilemmas in LNG term deals amid higher Henry Hub forward curves](https://feedsoft.ai/events/30465-dilemmas-in-lng-term-deals-amid-higher-henry-hub-forward-curves.md) | +24.9% | +9.1% |
| NATGAS | 2022-01-28 | [Natural Gas Prices Surge Higher on LNG Flows](https://feedsoft.ai/events/6917-natural-gas-prices-surge-higher-on-lng-flows.md) | +1.4% | -13.6% |
| NATGAS | 2025-03-20 | [High U.S. LNG Feed Gas Demand Continues to Tighten Henry Hub Outlook — The Offtake](https://feedsoft.ai/events/25769-high-u-s-lng-feed-gas-demand-continues-to-tighten-henry-hub-outlook-the-offtake.md) | -8.8% | -23.2% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/lng-recap-henry-hub-leads-global-gas-benchmarks-higher/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.