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CommodityOilPrice.com

U.S. LNG Exports Near Record High as Europe Scrambles for Winter Supply

Exports of liquefied natural gas from the United States hit their second-highest level in history thanks to an uptick in demand from Europe ahead of the start of the winter season, which drove LNG prices higher. According to LSEG data cited by Reuters, U.S. exports of liquefied gas to Europe rose by 1 million tons last month, to a total of 6.89 million tons. Exports to Asia, meanwhile, remained…

ForexForexLive

US-Iran deal still out of reach despite fresh diplomatic hopes ahead of US midterms

And round and round we go. We started the week with renewed optimism that the US and Iran might finally be inching towards a diplomatic breakthrough. That led to oil prices tumbling on Monday as hopes of a potential deal gathered momentum. But fast forward to today, and we're pretty much back where we started. Anyone got a case of déjà vu? These have been the same sort of headlines that we have…

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