# LNG Markets May Not Recover Until 2021 | OilPrice.com

> An OIES report says the US LNG export margin stayed negative in the second quarter and may remain so through 2020. Japanese utility JERA is losing money reselling oil-linked cargoes at lower spot prices.

- Date: 2020-07-19 · published 2020-07-19T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/52296-lng-markets-may-not-recover-until-2021-oilprice-com
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A prolonged LNG glut keeps global gas prices depressed and points to slower export recovery, limiting upside for natural gas and energy-linked costs.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-06-16 | [Price Convergence of Global Gas Markets](https://feedsoft.ai/events/52797-price-convergence-of-global-gas-markets.md) | -0.1% | +5.4% |
| NATGAS | 2020-07-29 | [Expert Commentary - Update on Global Gas and LNG Prices in 2020: How has it Coped with Recent Market Dynamics? - Events-HH](https://feedsoft.ai/events/52290-expert-commentary-update-on-global-gas-and-lng-prices-in-2020-how-has-it-coped.md) | +17.4% | +38.5% |
| 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 | 2020-03-27 | [The Oil Price Collapse Could Reshape Global Natural Gas Markets \| Georgetown Journal of International Affairs \|
    Georgetown University](https://feedsoft.ai/events/54312-the-oil-price-collapse-could-reshape-global-natural-gas-markets-georgetown.md) | -7.8% | +5.6% |
| NATGAS | 2023-03-20 | [Global Natural Gas Prices Keep Falling as Demand Weakens, Banking Crisis Weighs on Markets – LNG Recap](https://feedsoft.ai/events/37032-global-natural-gas-prices-keep-falling-as-demand-weakens-banking-crisis-weighs.md) | -10.6% | -5.7% |

## Sources

- oilprice.com: https://oilprice.com/Energy/Energy-General/LNG-Markets-May-Not-Recover-Until-2021.html

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