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Shell said the global LNG market will remain tight in 2022 after 2021 trade grew 6% to 380 million tonnes. It cited low storage, supply uncertainty and reduced investment as drivers of high prices, with benchmarks around $25 per mmBtu.
A tight LNG balance supports high global gas prices, which raises energy and fertilizer production costs and can support related commodity prices.
energynow.comFeb 22, 2022After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% 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.
