
Wood Mackenzie outlines three phases for LNG markets through 2035: near-term volatility, a wave of new supply pushing prices lower from 2026, then a price recovery before another low-price cycle in the early 2030s. Europe prices remain high by historic standards while storage is high.
TTF has risen more than 40% over five months.
Expected LNG supply growth from 2026 points to lower gas prices later in the decade, which would ease energy costs for feed producers, though near-term volatility persists.
After 37 past neutral macro events, Natural Gas moved a median -0.1% over 5 sessions (49% higher; middle half -4.2% to +12.9%), and -1.1% 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.