761
profitability Producers no longer have the bargaining power they once did Weakening demand in Asia combined
762
pandemic induced drop in demand turned U S oil prices negative for the first time three years ago
763
reflecting tightening supplies due to stagnant domestic production in Venezuela and growing demand from India
764
ramp up to meet summer demand the U S Energy Information Administration reported June 29 Production
765
highs according to research by consultancy Rystad Energy Expectations of strong LNG demand for months
766
think tank “It’s a natural consequence of investors demanding higher returns Companies are being more
767
producers to pump more to keep up with a recovery in demand In the contiguous U S oil output through August
768
rather than being captured and sold for energy supplies That is enough to satisfy the natural gas demand
769
into the European market adding to a flood of volumes to the continent amid subdued Asian demand trade sources said
770
to historic lows in the midst of reduced demand the trade dispute with China and brimming gas storage
771
a festering trade war with the United States China’s economy and its gas demand growth are slowing
772
and will adapt to slowing oil demand by investing in natural gas electricity and renewables alongside low cost
773
began operations in October and is slated to deliver about 0 5 percent of global oil demand by next year
774
demand in Asia which is turning to the energy source and away from coal and oil in efforts to combat
775
from its location as it plans to expand LNG output by 30 percent and help meet rising demand in Asia
776
demand for LNG exports and pipeline gas deliveries to Mexico The U S Energy Information Administration
777
from the deal are expected to arrive in South Korea this summer But Lee said South Korean demand
778
responsiveness for near term supply demand balancing Walker conceded however that current low LNG prices were
779
global markets in coming years But with U S gas production starting to dip strong domestic demand growth
780
this decade The market is entering a period of oversupply as demand is slowing in Asia — just as the oil slump