ExxonMobil (XOM) executive says LNG demand will remain strong for the next 10 years and LNG demand forecast to double between now and 2050
ExxonMobil's executive's comments on the sustained strength in LNG demand highlight a bullish outlook for the energy sector, particularly in gas markets.
Kazakhstan's Energy Minister says oil output decline will ensure the country remains within OPEC+ quotas, adds Kazakhstan's energy minister says, oil production in Kazakhstan declined around 900,000 tons after halts at Tengiz and Korolev
ECB's Cipollone says uncertainty may increase, hitting a recovery, and warned that global turbulence could hit the euro area, according to Bloomberg
ExxonMobil (XOM) executive says LNG demand will remain strong for the next 10 years and LNG demand forecast to double between now and 2050
Egyptian Foreign Minister stressed in two phone calls with his Iranian counterpart and US envoy Witkoff, the need to de-escalate and achieve calm
SpaceX weighs a June IPO, timed to planetary alignment and Elon Musk's birthday, while it seeks to raise as much as USD 50bln at a valuation of around USD 1.5tln, according to FT citing sources
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With forecasts indicating a doubling of demand by 2050, this suggests potential investment opportunities in LNG infrastructure and could influence broader energy pricing dynamics, particularly for companies involved in gas production. Traders should consider how this aligns with current market trends and potential geopolitical factors affecting energy supply.
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