# Global LNG markets move from oversupply as re-balancing gets under way – Wood Mackenzie - Thoughtful Journalism

> Wood Mackenzie's Q2 LNG outlook says fears of an oversupplied market are easing as demand, particularly from China, absorbs the 2017 supply increase. It forecasts Europe importing 35 bcm more LNG in 2019, a 50% rise over 2018. The consultancy expects prices to remain relatively sustained through the coming winters.

- Date: 2018-06-07 · published 2018-06-07T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/64728-global-lng-markets-move-from-oversupply-as-re-balancing-gets-under-way-wood
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Sustained LNG prices and tighter European demand keep energy costs elevated for importing regions and can influence fuel and fertilizer costs for feed producers. The effect on grain and meal prices is indirect.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- energi.media: https://energi.media/opinion/lng-markets-oversupply-rebalancing/

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