# Global gas markets tightening says Goldman – Businessday NG

> Goldman Sachs says global gas markets are moving from a heavily oversupplied period to a tighter one that will persist for several years. The bank raised its 2020/21 winter and 2021 summer TTF and JKM forecasts and expects prices to sit above forwards in 2022.

- Date: 2020-12-15 · published 2020-12-15T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/49824-global-gas-markets-tightening-says-goldman-businessday-ng
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A forecast of structurally tighter gas markets supports higher energy and nitrogen fertilizer costs over the coming years, which feed buyers should factor into multi-year budgets.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-10-23 | [US natural gas holds near 20-month high - Markets - Business Recorder](https://feedsoft.ai/events/7681-us-natural-gas-holds-near-20-month-high-markets-business-recorder.md) | +6.0% | -20.5% |
| NATGAS | 2020-09-25 | [US natural gas futures jump on rising LNG exports - Markets - Business Recorder](https://feedsoft.ai/events/51301-us-natural-gas-futures-jump-on-rising-lng-exports-markets-business-recorder.md) | -3.5% | +44.0% |
| NATGAS | 2024-11-25 | [Global natural gas market may experience a tighter supply-demand balance this winter -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/27591-global-natural-gas-market-may-experience-a-tighter-supply-demand-balance-this.md) | +14.0% | +18.4% |
| NATGAS | 2023-02-28 | [Natural gas markets remain tight as uncertainty persists around Chinese LNG demand and further supply cuts by Russia - IEA](https://feedsoft.ai/events/37513-natural-gas-markets-remain-tight-as-uncertainty-persists-around-chinese-lng.md) | -4.7% | -21.8% |
| NATGAS | 2022-05-24 | [LNG Demand Seen Driving Natural Gas Prices Higher This Summer, FERC Says](https://feedsoft.ai/events/41573-lng-demand-seen-driving-natural-gas-prices-higher-this-summer-ferc-says.md) | -1.7% | -19.4% |

## Sources

- businessday.ng: https://businessday.ng/world/article/global-gas-markets-tightening-says-goldman/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.