
Pakistan and Bangladesh are rationing gas and South Asian buyers are seeking alternative fuels after spot LNG prices hit records, having nearly tripled since early November. Pakistan limited industrial gas use and a recent nationwide blackout was partly blamed on gas shortages.
Demand is rising for LPG and residue oil as substitutes.
Gas rationing and a scramble for LPG and residue fuel oil lift alternative energy demand in South Asia, adding to energy costs for feed and food processors in the region.
After 54 past bullish logistics events, Natural Gas moved a median -1.8% over 5 sessions (43% higher; middle half -5.7% to +6.2%), and +5.1% over 20.
After 26 past bullish logistics events, Crude Oil (WTI) moved a median +1.2% over 5 sessions (58% higher; middle half -5.1% to +9.5%), 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.