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The IEA forecasts global natural gas demand will rise 2.5%, or 100 billion cubic meters, in 2024, with growth concentrated in Asia Pacific and gas-rich African and Middle Eastern markets. It also expects LNG trade to grow about 3.5% and China's LNG imports to rise more than 10%.
Stronger Asian gas and LNG demand, with supply growth constrained by project delays, points to tighter markets and higher price volatility.
naturalgasintel.comAndrew BakerFeb 8, 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.
