U.S. LNG Stocks Surge on EU Energy Deal

Shares of U.S. LNG producers jumped in early trading Monday after the European Union agreed to dramatically increase its energy imports from the United States, pledging $250 billion in annual purchases under a new transatlantic trade framework. The move includes LNG, oil, and nuclear energy and was announced in Brussels earlier today. Cheniere Energy, NextDecade, and Venture Global were among the biggest pre-market gainers, with some stocks rising as much as 8.8% before the U.S. market opened. Analysts cited expectations of increased long-term…