Wells Fargo says liquefied natural gas market will grow as supply boom drives prices lower. Stocks to play the trend

📆 28.08.2024 17:10:00
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A lot of LNG capacity is coming online by the end of the decade, promising to drive prices lower and expanding the market in countries that rely on coal.

The global liquid natural gas market will continue to grow robustly through 2030 as capacity ramps up, lowering prices and expanding the market in countries where coal is currently cheaper, according to Wells Fargo.

Surging China EV sales weigh on oil demand, Goldman says Brent could fall to $68 per barrel by next year

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