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U.S. Crude Production Flat, Demand Up as Summer Travel Season Gets Underway
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LNG
Hot weather, maintenance at power generation facilities and LNG production outages have combined to push Asian natural gas prices higher. The July Japan-Korea Marker futures contract was trading above $11/MMBtu after climbing 7% last week. One of three trains at Chevron Corp.’s Gorgon liquefied natural gas export facility in Western Australia, which mainly serves Asia,…
May 20, 2024MidDay Alert
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