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NGI reports that LNG production shut-ins look practically certain in several countries as global prices fall by double digits. US cargoes have already been cancelled as the price spread with Asia and Europe narrows.
Expected LNG supply curtailments could eventually tighten gas supply, but for now falling prices and cancelled cargoes point to weaker gas pricing.
naturalgasintel.comJamison CocklinApr 17, 2020Not enough comparable past events yet for a historical read.
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.
