# Second NatGas Market Revolution Underway As Export Market Explodes, Says IEA

> The IEA's World Energy Outlook 2016 forecasts gas demand growth of 1.5% a year to 2040 and expects global LNG trade to double. It also warns that record cuts in upstream oil investment could create a significant risk of conventional supply shortfalls within a few years.

- Date: 2016-11-16 · published 2016-11-16T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/74034-second-natgas-market-revolution-underway-as-export-market-explodes-says-iea
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The long-term outlook points to expanding gas trade and a possible future oil supply shortfall, which supports the medium-term price outlook for energy.

## Read by commodity

- BRENT: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-09-25 | [US natural gas futures jump on rising LNG exports - Markets - Business Recorder](https://feedsoft.ai/events/51301-us-natural-gas-futures-jump-on-rising-lng-exports-markets-business-recorder.md) | -3.5% | +44.0% |
| NATGAS | 2021-05-01 | [Gas Market Report, Q2-2021 – Analysis](https://feedsoft.ai/events/47782-gas-market-report-q2-2021-analysis.md) | +1.2% | +1.8% |
| NATGAS | 2021-10-01 | [Statement on recent developments in natural gas and electricity markets](https://feedsoft.ai/events/45221-statement-on-recent-developments-in-natural-gas-and-electricity-markets.md) | -0.5% | +0.2% |
| NATGAS | 2018-05-14 | [Natural gas market fundamentals exceeded expectations in 2017 - Cedigaz](https://feedsoft.ai/events/65199-natural-gas-market-fundamentals-exceeded-expectations-in-2017-cedigaz.md) | +0.7% | +7.1% |
| NATGAS | 2018-05-18 | [CFTC report assesses market impact of LNG \| Hedgeweek](https://feedsoft.ai/events/65197-cftc-report-assesses-market-impact-of-lng-hedgeweek.md) | +3.8% | +7.7% |
| BRENT | 2017-01-19 | [IEA: OPEC output cuts under scrutiny as market tightens](https://feedsoft.ai/events/72916-iea-opec-output-cuts-under-scrutiny-as-market-tightens.md) | +1.6% | +2.4% |
| BRENT | 2022-03-14 | [Oil Market Report - March 2022 - IEA](https://feedsoft.ai/events/5992-oil-market-report-march-2022-iea.md) | -3.7% | -11.6% |
| BRENT | 2021-03-17 | [Oil Market Report - March 2021 - IEA](https://feedsoft.ai/events/6203-oil-market-report-march-2021-iea.md) | -11.4% | -2.7% |

## Sources

- naturalgasintel.com: https://naturalgasintel.com/news/second-natgas-market-revolution-underway-as-export-market-explodes-says-iea/

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