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The EIA says the global natural gas market may be tighter this winter than in the past two mild winters. Limited LNG capacity additions and a possible non-renewal of the Russia-Ukraine transit contract are key risks.
Colder weather could push prices higher and cause spikes.
A tighter global gas balance raises the risk of higher energy and nitrogen fertilizer costs for feed producers. The outlook depends on weather and supply risks that could lift prices sharply.
eia.govNov 25, 2024After 74 past bullish report events, Natural Gas moved a median +1.3% over 5 sessions (55% higher; middle half -4.0% to +11.3%), and +2.1% 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.
