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S&P Global Platts analysts discussed uncertainties in global gas and LNG markets ahead of winter. They noted stagnating US production alongside robust storage in the US and Europe.
The question is whether winter demand will add bullish momentum to prices.
Robust storage offsets stagnant production, so the price direction depends on how much winter demand arrives. The piece is a preview with no new supply or demand event.
spglobal.comIra Joseph, Ryan OuwerkerkSep 18, 2020Not enough comparable past events yet for a historical read.
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.
