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Wood Mackenzie says the global gas market in 2021 is expected to have 55% more LNG than in 2015, mostly from Australia and the US. Emerging demand in Egypt, Jordan, Pakistan, China and India has so far kept the market firmer than expected.
Expected LNG supply growth points to eventual downward pressure on gas prices, which feeds into fertilizer and energy costs over the medium term.
woodmac.comWood MackenzieApr 6, 2017After 59 past bearish macro events, Natural Gas moved a median +1.3% over 5 sessions (58% higher; middle half -5.0% to +5.2%), 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.
