# Global LNG Markets Are Circling The Drain | OilPrice.com

> Asian LNG spot prices have fallen for five straight weeks and are more than 40% below a year earlier. Analysts expect some US LNG exports may be curtailed next year as supply from the US, Australia and Russia keeps growing. US cargoes have been absent from China since March 2019 due to the trade war.

- Date: 2019-11-26 · published 2019-11-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/56246-global-lng-markets-are-circling-the-drain-oilprice-com
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Oversupply and lost Chinese demand for US gas weigh on global gas and energy prices. Lower energy costs can modestly reduce pressure on fertilizer and processing costs for feed.

## Read by commodity

- NATGAS: bearish ▼

## Sources

- oilprice.com: https://oilprice.com/Energy/Natural-Gas/Global-LNG-Markets-Are-Circling-The-Drain.html

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