US NATURAL GAS INVENTORIES FALL LESS THAN EXPECTED
U.S. natural gas inventories dropped by 125 billion cubic meters (bcm) during the week ending December 13.
The decline was slightly smaller than the anticipated 126 bcm drop.
The previous week saw a larger 190 bcm drop in inventories.
Crude oil prices went down on Monday. People expect that Donald Trump, the next U.S. president, might make changes. He may reduce restrictions on Russia's energy sector. In return, he might try to make a deal to stop the war in Ukraine.
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China’s imports of Russian oil reached a record high in 2024, rising by 1% compared to 2023. China imported abo The increase is due to high demand from refineries, state-owned oil companies, and a government plan to store more oil. Overall, China’s total oil imports fell by 1.
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