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Northeast Asian spot LNG rose $6 to $34/MMBtu following Russia's invasion of Ukraine, according to World Gas Intelligence. Southwest Europe spot jumped $8.70 to $31.70, and the UK NBP day-ahead rose $7.33 to $30.73.
A sharp jump in spot LNG across regions signals a global energy shock that raises gas-based production costs and tightens the outlook for energy-intensive feed ingredients.
energyintel.comAuthors Marc Roussot, Singapore Daniel Stemler, Madrid Editor Jane CollinMar 1, 2022After 136 past bullish geopolitics events, Natural Gas 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.
