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A CSIS commentary argues that gas is becoming more global, with expanding LNG trade, a growing short-term market and prices increasingly set apart from oil. It concludes that gas is not yet a global commodity because regional forces still dominate and the transition in Asia is slow.
Stronger global linkage would let supply shocks in one region move prices in others, which affects the cost of gas-based inputs. The piece is analysis without a new market event.
csis.orgNikos TsafosMar 23, 2018Not enough comparable past events yet for a historical read.
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.
