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US natgas flows rise to 3-week high as Texas Freeport pulls in more fuel – LSEG

From boereport.com

The amount of natural gas flowing to the seven U.S. liquefied natural gas (LNG) export plants was on track to rise by about 5% to a three-week high on Monday as Freeport LNG in Texas started to pull in more feedgas, data from financial firm LSEG showed. The startup and shutdown of Freeport and other U.S. LNG export plants often has a major impact on global gas prices. Expectations that gas supplies will increase with the return of Freeport helped cut prices at the European Dutch Title Transfer Facility (TTF) benchmark by around 4% to a two-week low of $8.80 per million British thermal units (mmBtu) on Monday. In the ... (full story)

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  • Category: Fundamental Analysis