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US natural gas producers plan to raise output in 2025 after a year of production cuts. Output is expected to fall in 2024 for the first time since 2020, and spot prices are forecast to rise more than 40% in 2025 as LNG exports climb about 14%.
Higher US gas prices raise the cost of nitrogen fertilizer and energy-intensive feed processing, and rising LNG demand tightens the domestic balance. The outlook points to firmer energy costs for feed buyers next year.
reuters.comScott DisavinoNov 21, 2024After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% 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.
