Canada is intensifying efforts to diversify its fossil fuel export destinations beyond the United States, seeking greater access to Asian energy markets as a strategic response to its longstanding reliance on a single major buyer. Natural gas, including liquefied natural gas (LNG), is central to this shift as the country looks to leverage its vast reserves and new infrastructure to tap demand in Asia, potentially reshaping trade flows and pricing dynamics for Natural Gas over the longer term.
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Over the past month, CM:NG has gained about 2.28%, reflecting modest but positive momentum as markets weigh Canada’s evolving export capacity against broader global gas fundamentals. On a 1-day basis, the technical outlook for CM:NG screens as a Buy, indicating near-term bullish sentiment that may be supported if progress on Canadian export routes to Asia continues and demand expectations remain firm. Investors can explore more updates, prices, and analysis across global markets at Commodities.