Sky-high European demand drove U.S. liquefied natural gas (LNG) exports to a record in December, Refinitiv data showed, with winter supply worries set to sustain orders for the fuel. About half of the record U.S. LNG volumes shipped last month went to Europe, up from 37% earlier in 2021, data from Refinitiv and the U.S. .
Sky-high European demand drove U.S. liquefied natural gas exports to a record in December, Refinitiv data showed, with winter supply worries set to sustain orders for the fuel. .
U.S. shale producers’ decision this year to resist pumping more oil even as prices surge could be nearing an end, according to company executives. Several major oil companies, including BP Plc BP.L, Chevron Corp CVX.N and Exxon Mobil Corp XOM.N, are planning to increase output or shale spending next year, undercutting OPEC’s tight supply management .