U.S. LNG Stocks Climb as EU Pledge Boosts Long Term Demand

U.S. LNG Stocks Climb as EU Pledge Boosts Long Term Demand

OilPrice.com

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U.S. liquefied natural gas exporters pushed higher Monday following the European Union’s announcement of a $750?billion energy purchasing framework for the next three years, heavily focused on LNG. But signals from natural gas futures and producers like EQT suggest near-term sentiment is more cautious than heady. Cheniere Energy (LNG)—America’s flagship LNG exporter—rose about 1.7%, trading at $229.23, as renewed optimism over long-term European contracts fueled buying. The stock had earlier popped around 4%, with some profit-taking…

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