Australian LNG strike: gas rises and oil slips
Strikes at Australian LNG facilities are pushing up natural gas prices in Europe, while oil prices remain high despite recent profit-taking, due to the extension of production restrictions by Saudi Arabia and Russia. Concerns about demand persist, not least because of the weakness of the Chinese economy.
| Countries | Australie, Chine, Norvège, Arabie Saoudite, États-Unis |
|---|---|
| Companies | Chevron |
| Sector | Gaz, Pétrole, Exploration production, Gaz naturel |
| Theme | Marchés & Finance |
European natural gas prices rose on Monday, boosted by disruptions to liquefied natural gas supplies from Australia due to a strike, while oil prices weakened on profit-taking, remaining close to their highest levels since November.
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