Geopolitics Alpha

Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch

Published . Updated .

ENERGYShell Sees LNG GrowthOpportunities From Canada toVenezuela Amid Supply CrunchSHELGEOPOLITICS ALPHA

This report is about natural gas and oil.

Directly affected

  • SHEL Shell+0.1% 13d

    Named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-7.8% 30d

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

  • XLE Energy Select Sector SPDR+6.2% 30d

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

  • USO United States Oil Fund+7.3% 30d

    United States Oil Fund: its price follows crude oil. Linked by “lng” (oil) in this story.

  • BWET Breakwave Tanker Shipping ETF+40.2% 19d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “lng” (tanker shipping) in this story.

  • EWC iShares MSCI Canada ETF+1.8% 30d

    iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).

  • LNG Cheniere Energy+10.3% 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+5.7% 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+4.2% 7d

    Kinder Morgan (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
SHEL+0.66%+1.71%base+2.44%after closeafter closeafter close
UNGNo price data for this ticker———————
XLE-1.29%+1.72%base+0.37%after closeafter closeafter close
USO-2.52%-0.26%base+0.32%after closeafter closeafter close
BWETNo price data for this ticker———————
EWCNo price data for this ticker———————
LNGNo price data for this ticker———————
EQTNo price data for this ticker———————
KMINo price data for this ticker———————

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.

Market Call

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Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch Natural Gas Intelligence

Source: Natural Gas Intelligence

How far United States Natural Gas Fund (UNG) has moved since 29 Oct 2026

CompanyWhenMoveStatus
SHELthat day+2.44%final price
SHELthree days earlier+1.71%final price
SHELfive days earlier+0.66%final price
United States Oil Fund (USO)that day+0.32%final price
United States Oil Fund (USO)three days earlier-0.26%final price
United States Oil Fund (USO)five days earlier-2.52%final price
Select Sector Spdr Tr (XLE)that day+0.37%final price
Select Sector Spdr Tr (XLE)three days earlier+1.72%final price
Select Sector Spdr Tr (XLE)five days earlier-1.29%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).

United States Natural Gas Fund (UNG) on one side of this energy story

Companies carried with this story

  • UNG United States Natural Gas Fund

    In “Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch,” 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 “Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch,” 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

  • USO United States Oil Fund

    In “Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “lng” (oil) in this story

  • BWET Amplify Commodity Trust

    For “Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “lng” (tanker shipping) in this story

  • EWC Ishares Msci Canada Etf

    In “Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”)

  • LNG Cheniere Energy

    For “Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch,” 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

    Eqt (EQT) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch.” 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

    In “Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch,” Kinder Morgan (KMI) is linked, with no stored direction, medium confidence. 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

United States Natural Gas Fund (UNG) and the energy link

On 29 Oct 2026, “Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch” is the story that connects United States Natural Gas Fund (UNG) to Energy.

United States Natural Gas Fund (UNG) is on the page because 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

Dates in the story, and the United States Natural Gas Fund (UNG) price range

UNG traded between 9.31 and 11.43 across 20 sessions. The latest close on file is 9.51. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.69. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.46.

What the saved facts support for United States Natural Gas Fund (UNG)

46 out of 100

“Shell Sees LNG Growth Opportunities From Canada to Venezuela Amid Supply Crunch” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.