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

Breaking News: Investing News

Wells Fargo says liquefied natural gas market will grow as supply boom drives prices lower. Stocks to play the trend
Markets,Breaking News: Markets,Energy

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.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 6 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 72%

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in UK
 

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wells Fargo says this group of stocks is well positioned for accelerating growthWells Fargo says this group of stocks is well positioned for accelerating growthWells Fargo says this group of stocks is well positioned for accelerating growth
Read more »

Wells Fargo: With Fed expected to cut 175 bps through 2025, buy the dip in stocksWells Fargo: With Fed expected to cut 175 bps through 2025, buy the dip in stocksWells Fargo: With Fed expected to cut 175 bps through 2025, buy the dip in stocks
Read more »

'Buy stocks, not the stock market': Wells Fargo'Buy stocks, not the stock market': Wells Fargo'Buy stocks, not the stock market': Wells Fargo
Read more »



Render Time: 2025-01-14 02:31:14