Workflow
Oil Name Could Swing Higher Within The Week
CheniereCheniere(US:LNG) Forbes·2025-05-23 03:15

Oil name Cheniere Energy (LNG) is 0.8% lower to trade at 227.58thisafternoon,sufferingasteepdroponthebackofdismalnaturalgasperformance.Thesectorhasreportedlyseenasmallerthanexpecteddeclineinoutputandgasflows,whileinventoriescameinaboveestimates.Inresponse,naturalgaspricesweredownaround2227.58 this afternoon, suffering a steep drop on the back of dismal natural gas performance. The sector has reportedly seen a smaller-than-expected decline in output and gas flows, while inventories came in above estimates. In response, natural gas prices were down around 2%.LNG recovered from a pullback to 190 in April, but is once again struggling this week. The equity is eyeing a fifth-straight daily drop, though it has now moved within one stand ...