Loading…
European gas prices surged about 20% in the week before September 18, driven by French nuclear plant concerns and a surprise restriction on a key pipeline. Storage is about 95% full, and LNG imports are expected to rise with new US and Russian plants.
Autumn volatility is expected as the Ukraine transit deal expires.
European gas price swings and rising LNG supply shape global LNG competition, influencing spot prices that link to Asian and US gas export economics.
met.comSep 18, 2019After 37 past neutral macro events, Natural Gas moved a median -0.1% over 5 sessions (49% higher; middle half -4.2% to +12.9%), and -1.1% over 20.
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.
