Global LNG Supply Posts Record Drop

Global liquefied natural gas supply is set to fall 3% in 2026, the steepest annual decline on record, according to the International Energy Agency. Europe enters the winter heating season with storage already thin, and the IEA warns inventories could sink below 10% of working capacity — a record low — by the end of March 2027. A fresh supply shock on top of that buffer would hit energy names like $XLE hard.