IEA: Global Natural Gas Market to Remain Tight for Two More Years
The International Energy Agency (IEA) forecasts that the global natural gas market will remain tight beyond this year. The agency notes that ongoing conflicts in the Middle East and damage to regional infrastructure continue to disrupt supply. According to the IEA's assessment, geopolitical tensions and infrastructure issues are complicating the balancing of the gas market. This could exert upward pressure on prices, particularly as demand rises during the winter months. The agency emphasizes that under current conditions, the market will remain tight for at least two more years, with supply security concerns persisting. During this period, measures such as shifting to alternative energy sources and increasing storage capacities gain importance. This is not investment advice.
📊 NATGAS — Piyasa Yorumu
▲ up · 60%The International Energy Agency's (IEA) statement that the global natural gas market will remain tight for another two years could support prices by keeping supply concerns alive. However, technical indicators paint a weak picture: the RSI is near oversold territory at 34, the MACD is below its signal line, and the price is trading below both the 20-day and 50-day moving averages. In the short term, the positive impact of the news may be limited by technical resistances, so the likelihood of an upward move is moderate.
RSI 14
34.5
MACD
-0.01
24h Δ
-1.99%
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