# LNG Market Not ‘Out of the Woods’ as Volatility Likely a Mainstay for Years

> An NGI interview with analyst Nikos Tsafos says the LNG market faces continued volatility and oversupply, with gas in storage in Europe and the US likely to weigh on prices into 2021. He expects storage depletion over winter to set the tone for next summer.

- Date: 2020-10-22 · published 2020-10-22T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/50809-lng-market-not-out-of-the-woods-as-volatility-likely-a-mainstay-for-years
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expectations of oversupply and high storage are bearish for gas prices, which in turn lowers energy and nitrogen fertilizer input costs over the medium term. The view is opinion rather than a new supply event.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-03-30 | [The reshaping of the global LNG market](https://feedsoft.ai/events/72170-the-reshaping-of-the-global-lng-market.md) | +4.6% | -0.0% |
| NATGAS | 2017-04-06 | [Europe, the heart of the global gas market \| Wood Mackenzie](https://feedsoft.ai/events/71665-europe-the-heart-of-the-global-gas-market-wood-mackenzie.md) | -5.1% | -1.8% |
| NATGAS | 2020-04-02 | [Feature: Unfettered global natural gas market a sign of the times](https://feedsoft.ai/events/53828-feature-unfettered-global-natural-gas-market-a-sign-of-the-times.md) | +11.2% | +8.8% |
| NATGAS | 2017-03-16 | [The Glutted World Gas Market](https://feedsoft.ai/events/72173-the-glutted-world-gas-market.md) | +0.5% | +2.5% |
| NATGAS | 2020-07-19 | [LNG Markets May Not Recover Until 2021 \| OilPrice.com](https://feedsoft.ai/events/52296-lng-markets-may-not-recover-until-2021-oilprice-com.md) | +2.0% | +30.7% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/lng-market-not-out-of-the-woods-as-volatility-likely-a-mainstay-for-years/

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