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Industry officials said on January 28, 2019 that Europe is set to absorb surplus LNG supply over the next few years. From 2021, however, Europe will likely need more LNG to offset declining domestic gas production.
Stronger European LNG demand from 2021 would tighten global gas supply and support energy costs, which can feed into fertilizer and processing prices.
spglobal.comJan 28, 2019After 17 past neutral trade events, Natural Gas moved a median -0.6% over 5 sessions (47% higher; middle half -4.7% to +1.5%), and -4.3% 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.
