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Wood Mackenzie outlined six trends for global gas and LNG markets in 2022, highlighting record LNG prices and low European storage. It expects storage below 15 bcm by end-March unless winter weather or Nord Stream 2 changes the outlook.
Expected low European storage and strong refill needs keep LNG and gas prices elevated, which supports fertilizer costs and energy-linked feed input prices.
ogj.comOGJ editorsJan 13, 2022After 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.
