
Asian and European LNG prices fell during the week as hopes for easing Middle East tensions weighed on markets, while Henry Hub edged higher. JKM rebounded by the end of the week as supply remained tight, despite weak Asian buying interest.
Lower prices in Asia and Europe ease near-term fuel costs, but tight supply and stronger US LNG feedgas demand could limit declines and support regional price differences.
After 15 past bearish geopolitics events, Natural Gas moved a median -1.1% over 5 sessions (40% higher; middle half -9.2% to +2.4%), and +4.7% 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.