Loading…
The IEA forecast weak global gas demand growth for the second half of 2024, with LNG export capacity rising only about 3%. It expects the Dutch TTF to average about 20% below last year's level and Henry Hub to average about $2.40 for 2024.
Lower forecast LNG and gas prices ease energy and fertiliser input costs over the rest of 2024. The outlook points to softer nitrogen costs for feed grain production.
naturalgasintel.comJacob DickJul 18, 2024After 62 past bearish report events, Natural Gas moved a median -3.0% over 5 sessions (42% higher; middle half -7.6% to +4.6%), and -0.5% 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.
