OPEC deal is bad news for US gas and good news for LNG

OPEC's decision to shrink oil production is bad news for the US gas bulls currently benefiting from the highest price in two years. But the deal also promises a boon for the liquefied natural gas market.
Photo: Kamran Jebreili / AP Polfoto
Photo: Kamran Jebreili / AP Polfoto
BY NAUREEN S. MALIK, BLOOMBERG

OPEC's decision to shrink oil production is both a blessing and a curse for natural gas markets.

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