Geopolitics Alpha

Pakistan Scrambles for LNG as Winter Gas Crisis Deepens

Published . Updated .

Key takeaways

  • Exposed: UNG, XLE, EEM, LNG, EQT
  • Market reaction: price tracking starts with the next trading session.

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ENERGYPakistan Scrambles for LNG asWinter Gas Crisis DeepensGEOPOLITICS ALPHA

This report is about natural gas and emerging markets.

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-13.5% 30d

    United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.

  • XLE Energy Select Sector SPDR+7.5% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.

  • EEM iShares MSCI Emerging Markets ETF-3.3% 13d

    iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“pakistan”).

  • LNG Cheniere Energy+14.7% 30d

    Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • EQT Eqt-0.2% 30d

    Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • KMI Kinder Morgan

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

  • WMB The Williams Companies

    The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNG-10.79%-0.62%baseafter closeafter closeafter closeafter close
XLE-4.15%-3.23%baseafter closeafter closeafter closeafter close
EEM-2.96%-0.90%baseafter closeafter closeafter closeafter close
LNG-10.18%-5.18%baseafter closeafter closeafter closeafter close
EQT-5.70%-0.70%baseafter closeafter closeafter closeafter close
KMI-6.46%-2.59%baseafter closeafter closeafter closeafter close
WMB-7.73%-2.84%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Pakistan Scrambles for LNG as Winter Gas Crisis Deepens Crude Oil Prices Today | OilPrice.com

Source: Crude Oil Prices Today | OilPrice.com

United States Natural Gas Fund (UNG) since this story, compared with the market

CompanyWhenMoveStatus
Ishares Tr (EEM)three days earlier-0.90%final price
Ishares Tr (EEM)five days earlier-2.96%final price
Eqt (EQT)three days earlier-0.70%final price
Eqt (EQT)five days earlier-5.70%final price
Kinder Morgan (KMI)three days earlier-2.59%final price
Kinder Morgan (KMI)five days earlier-6.46%final price
Cheniere Energy (LNG)three days earlier-5.18%final price
Cheniere Energy (LNG)five days earlier-10.18%final price
United States Natural Gas Fund (UNG)three days earlier-0.62%final price
United States Natural Gas Fund (UNG)five days earlier-10.79%final price
Williams Companies (WMB)three days earlier-2.84%final price
Williams Companies (WMB)five days earlier-7.73%final price
Select Sector Spdr Tr (XLE)three days earlier-3.23%final price
Select Sector Spdr Tr (XLE)five days earlier-4.15%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who is named in “Pakistan Scrambles for LNG as Winter Gas Crisis Deepens”

Companies tied to this story

  • UNG United States Natural Gas Fund

    For “Pakistan Scrambles for LNG as Winter Gas Crisis Deepens,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story

  • XLE Select Sector Spdr Tr

    For “Pakistan Scrambles for LNG as Winter Gas Crisis Deepens,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story

  • EEM Ishares Tr

    Ishares Tr (EEM) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “Pakistan Scrambles for LNG as Winter Gas Crisis Deepens.” Reason on file: iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“pakistan”)

  • LNG Cheniere Energy

    For “Pakistan Scrambles for LNG as Winter Gas Crisis Deepens,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story

  • EQT Eqt

    In “Pakistan Scrambles for LNG as Winter Gas Crisis Deepens,” Eqt (EQT) is linked, with no stored direction, medium confidence. Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story

  • KMI Kinder Morgan

    Kinder Morgan (KMI) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “Pakistan Scrambles for LNG as Winter Gas Crisis Deepens.” Reason on file: Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story

  • WMB Williams Companies

    For “Pakistan Scrambles for LNG as Winter Gas Crisis Deepens,” Williams Companies (WMB) is linked, with no stored direction, medium confidence. Reason on file: The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story

How “Pakistan Scrambles for LNG as Winter Gas Crisis Deepens” reaches United States Natural Gas Fund (UNG)

United States Natural Gas Fund (UNG) is the company in “Pakistan Scrambles for LNG as Winter Gas Crisis Deepens,” the 13 Nov 2026 Energy story.

The link for United States Natural Gas Fund (UNG) is this: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story

Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story

What this energy story puts on the calendar

EEM traded between 65.24 and 68.87 across 10 sessions. The latest close on file is 65.76. UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.34. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

The energy score for United States Natural Gas Fund (UNG)

46 out of 100

“Pakistan Scrambles for LNG as Winter Gas Crisis Deepens” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.