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Forecasts call for above-average temperatures in East Asia from December through March, potentially reducing heating demand in China, Japan, South Korea and Taiwan. Lower demand could free several million tonnes of LNG from spot markets and ease Europe’s competition with Asian buyers for winter supplies, while low European storage levels have pushed gas prices to multi-year highs.
Reduced Asian spot demand could make more LNG available to Europe and ease upward pressure on European gas prices. The forecast is weather-dependent, and low European storage remains a supply risk.
ekonomim.comNov 6, 2026After 104 past bearish weather events, Natural Gas moved a median -7.8% over 5 sessions (22% higher; middle half -14.8% to -0.8%), and -3.3% 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.
