Loading…
The International Gas Union describes the global LNG market as being in a fragile equilibrium after two years of turbulence. Global LNG trade grew 2.1% last year to over 401 million tonnes, and the US supplied the most.
Rising demand from emerging economies is tightening supply in the short term.
Limited spare LNG supply keeps global gas prices supported and exposed to shocks, which can raise fertilizer and energy costs for feed producers. Lower prices than in 2022 offer some relief.
thenationalnews.comJohn BennyJun 26, 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.
