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CSIS's quarterly Gas Line review covers 2019 data showing global gas demand grew 2 percent, with the US and China providing two-thirds of growth. It notes about 40 percent of the net supply increase went into storage despite low spot prices.
The review highlights structural demand from the US and China and the role of storage in balancing the market. It does not signal a near-term price move on its own.
csis.orgNikos TsafosJul 1, 2020After 40 past neutral report events, Natural Gas moved a median +1.2% over 5 sessions (60% higher; middle half -3.5% to +2.8%), and +4.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
