
The International Gas Union released its 2019 Wholesale Gas Price Survey, its eleventh in the series. Gas-on-gas competition rose to 47% of wholesale pricing, and spot LNG reached just over 30% of LNG imports in 2018.
The survey points to a continued shift away from oil-linked pricing.
A growing share of spot and hub-priced LNG increases the link between gas prices and global LNG flows. This structural shift affects how traders and industrial buyers price gas exposure.
After 40 past neutral report events, Natural Gas moved a median +1.2% over 5 sessions (60% higher; middle half -3.5% to +2.8%), and +4.5% 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.