# Global natural gas market outlook: European supply challenges and regional demand dynamics

> The World Bank's natural gas price index rose nearly 4% in November to its highest since December 2023, driven by an 8% jump in the European benchmark. Projections call for European prices to rise in 2025 and US prices to increase significantly. Upside risks include Middle East conflict, Ukrainian transit uncertainty and colder weather.

- Date: 2024-12-17 · published 2024-12-17T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/27140-global-natural-gas-market-outlook-european-supply-challenges-and-regional
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The outlook for rising gas prices in 2025 points to higher costs for nitrogen fertilizer and energy-intensive feed processing. Geopolitical risks add upside volatility.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2021-08-06 | [Natural gas prices surge as energy transition-driven demand outstrips supply](https://feedsoft.ai/events/45736-natural-gas-prices-surge-as-energy-transition-driven-demand-outstrips-supply.md) | -4.5% | +10.5% |
| NATGAS | 2021-12-14 | [The emerging global natural gas market and the energy crisis of 2021-2022 \| Brookings](https://feedsoft.ai/events/43786-the-emerging-global-natural-gas-market-and-the-energy-crisis-of-2021-2022.md) | -1.2% | +7.3% |
| NATGAS | 2018-11-09 | [US natural gas prices soar on export and power demand amid low inventories in all regions](https://feedsoft.ai/events/62210-us-natural-gas-prices-soar-on-export-and-power-demand-amid-low-inventories-in.md) | +22.9% | +27.0% |
| NATGAS | 2021-08-01 | [Global Gas Prices Rally Amid Strong Demand](https://feedsoft.ai/events/46256-global-gas-prices-rally-amid-strong-demand.md) | +6.3% | +11.0% |
| NATGAS | 2023-09-29 | [GLOBAL LNG-Asia spot prices hit 7-month high on rising demand, Europe supply worries](https://feedsoft.ai/events/34284-global-lng-asia-spot-prices-hit-7-month-high-on-rising-demand-europe-supply.md) | +7.0% | +6.9% |

## Sources

- blogs.worldbank.org: https://blogs.worldbank.org/en/opendata/global-natural-gas-market-outlook--european-supply-challenges-an

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