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Bloomberg's outlook expects the global LNG market to stay tight from 2022 to 2026 as Europe seeks to reduce dependence on Russian gas. European buyers are expected to outbid Asian and Chinese buyers for limited flexible LNG supply.
Sustained tight LNG supply and high European demand keep global gas prices elevated, raising production costs for fertilizer and feed ingredients.
After 136 past bullish geopolitics events, NATGAS moved a median +2.7% over 5 sessions (63% higher; middle half -1.8% to +8.8%), and +4.0% 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.