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Shell projects global LNG demand will rise by more than 50% by 2040, driven by China and South and Southeast Asia. The company describes the market as structurally tight with prices above historical averages.
Long-run demand growth from Asia supports LNG and gas price levels, although a US export ban remains a risk to that tightness.
reuters.comMarwa RashadFeb 14, 2024Not enough comparable past events yet for a historical read.
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.
