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Mar 1, 2019REPORTUS

What Happened to Natural Gas Prices at the End of 2018?: U.S. Bureau of Labor Statistics

The US Bureau of Labor Statistics reviews natural gas price movements at the end of 2018. It notes that record 2018 production and rising demand produced sharp price swings, with prices rising in the fourth quarter.

WHY IT MATTERS

Record output has been offset by strong demand, so prices have been volatile rather than trending down. The piece is a retrospective data commentary with no new supply shock.

AFFECTSNatural Gas◆

SOURCE
bls.govMar 1, 2019

Price reaction & history

Natural Gas◆neutralSO FAR1d +5.9%5d +1.1%20d -5.3%

After 40 past neutral report events, Natural Gas moved a median +1.2% over 5 sessions (60% higher; middle half -3.5% to +2.8%), and +4.5% over 20.

Jun 28, 2018Global Natural Gas Prices Converged More in 2017 as Use of LNG Spot Prices Increased-4.3%
Jan 7, 2019Natural gas prices, production, consumption, and exports increased in 2018+3.6%
Jun 1, 2023EIA explores effects of liquefied natural gas exports on the U.S. natural gas market+2.1%
Feb 1, 2026We expect Henry Hub natural gas spot prices to fall slightly in 2026 before rising in 2027-30.8%
Feb 1, 2019EIA expects relatively flat natural gas prices, continued record production through 2020-8.2%

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.

Natural Gas NATGAS · GP ▸

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