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LNG Daily: Market Analysis

Despite OPEC+ likely to agree to a substantial new production cut tomorrow, oil prices have followed equity markets lower on ongoing coronavirus fears, with Brent down 2.2% to $49.99/bbl, while WTI dropped 1.9% to $45.90/bbl.

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Global LNG Report – Daily: Market Analysis

Asian LNG spot prices remain stable, with higher bids heard in the market while demand sentiments still subdued fueled by news of CNPC declaring force majeure. Northeast Asian terminals received 64 vessels, up from 61 last week. Next week’s outlook

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