# Mideast Peace Talks Pull LNG Prices Lower

> Spot LNG prices in Northeast Asia fell 20 cents week on week to $31.80 per million Btu for deliveries four to eight weeks ahead. Southwest Europe spot LNG dropped 50 cents to $30.50/MMBtu over the same week.

- Date: 2026-11-03 · published 2026-11-04T00:10:42.568Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/78574-mideast-peace-talks-pull-lng-prices-lower
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower LNG prices on peace-talk hopes ease pressure on gas-fired fertiliser and energy costs, but the Middle East supply disruption keeps the market tight. Feed buyers see only a modest energy-cost relief.

## Read by commodity

- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-03-06 | [Moody's: Oversupply to keep LNG prices low beyond 2020 \| Oil & Gas Journal](https://feedsoft.ai/events/72168-moody-s-oversupply-to-keep-lng-prices-low-beyond-2020-oil-and-gas-journal.md) | +12.6% | +18.9% |
| NATGAS | 2019-03-21 | [Morgan Stanley: Low European gas prices to prompt US LNG utilization cuts \| Oil & Gas Journal](https://feedsoft.ai/events/60257-morgan-stanley-low-european-gas-prices-to-prompt-us-lng-utilization-cuts-oil.md) | -4.9% | -10.8% |
| NATGAS | 2020-10-06 | [Lower gas prices to benefit urea producers, reduce subsidy needs: Icra, ETEnergyworld](https://feedsoft.ai/events/50947-lower-gas-prices-to-benefit-urea-producers-reduce-subsidy-needs-icra.md) | +15.1% | +39.9% |
| NATGAS | 2025-11-13 | [LNG prices will drop in 2026 to absorb supply surge, but how much? \| Reuters](https://feedsoft.ai/events/22129-lng-prices-will-drop-in-2026-to-absorb-supply-surge-but-how-much-reuters.md) | +4.8% | +6.2% |
| NATGAS | 2024-04-24 | [Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan \| Reuters](https://feedsoft.ai/events/30918-pressure-on-gas-and-lng-prices-to-help-switch-from-coal-says-j-p-morgan-reuters.md) | +7.7% | +52.8% |

## Sources

- energyintel.com: https://www.energyintel.com/000001a1-a150-dd44-afad-f7dbe5470000

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