The global natural gas market is entering the 2024–25 winter season under unique circumstances that could lead to a tighter supply-demand balance. According to data from the U.S. Energy Information Administration, the past two winters were notably mild, leading to record-high storage levels and relatively low prices.However, this year presents a more uncertain scenario. Current forward prices at major hubs, including Europe’s Title Transfer Facility and Asia’s JKM benchmark, indicate only slight price incre ...