Loading…
Strong gas demand from China, India and Southeast Asia is absorbing an LNG supply glut that was expected to last for years. Global LNG imports have risen 40 percent since 2015, and Asian spot prices doubled from mid-2017.
A tighter LNG market supports higher gas prices and makes new supply projects more viable, with delays at key export terminals keeping the market firm.
energynow.comFeb 14, 2018After 155 past bullish macro events, Natural Gas moved a median +0.1% over 5 sessions (51% higher; middle half -4.0% to +7.1%), and +2.0% 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.
