# Global natural gas market may experience a tighter supply-demand balance this winter -
		U.S. Energy Information Administration (EIA)

> 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.

- Date: 2024-11-25 · published 2024-11-25T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/27591-global-natural-gas-market-may-experience-a-tighter-supply-demand-balance-this
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

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.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-11-09 | [EIA now expects U.S. natural gas prices to average above $6.00/MMBtu this winter -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/7577-eia-now-expects-u-s-natural-gas-prices-to-average-above-6-00-mmbtu-this-winter.md) | +20.4% | +2.3% |
| NATGAS | 2025-01-23 | [EIA expects higher wholesale U.S. natural gas prices as demand increases -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/26691-eia-expects-higher-wholesale-u-s-natural-gas-prices-as-demand-increases-u-s.md) | -12.2% | +22.8% |
| NATGAS | 2018-10-12 | [Natural gas storage likely to enter winter at lowest levels since 2005 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/7398-natural-gas-storage-likely-to-enter-winter-at-lowest-levels-since-2005-u-s.md) | +1.5% | +11.0% |
| NATGAS | 2023-02-28 | [Natural gas markets remain tight as uncertainty persists around Chinese LNG demand and further supply cuts by Russia - IEA](https://feedsoft.ai/events/37513-natural-gas-markets-remain-tight-as-uncertainty-persists-around-chinese-lng.md) | -4.7% | -21.8% |
| NATGAS | 2022-11-09 | [EIA: U.S. Winter Natural Gas to Average Above $6.00/MMBtu - Fuels Market News](https://feedsoft.ai/events/38862-eia-u-s-winter-natural-gas-to-average-above-6-00-mmbtu-fuels-market-news.md) | +20.4% | +2.3% |

## Sources

- eia.gov: https://www.eia.gov/TODAYinENERGY/detail.php?id=63804

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