US LNG Headed to Asia Fetches More Than Cargoes to Europe for First Time in 7 Months

By Ruth Liao Liquefied natural gas traders can make a better profit from selling US LNG cargoes in Asia than offering the fuel in Europe, an opportunity that opened up for the first time in seven months, according to data from analytics firm Spark Commodities. The US-to-Asia arbitrage window emerged following a series of production …

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Devon Energy Gains on Plans to Boost Free Cash Flow by $1 Billion

** Shares of oil and gas producer Devon Energy rise 3.7% to $30.57 premarket  ** Company says it plans to boost its annual free cash flow by $1 billion by the end of 2026 ** “The $1 billion savings is significantly above our expectations and the $300-$500 million range we think investors anticipated” – RBC …

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