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GAZ - LNG names turn deep red as China demand slumps
Barclays Bank PLC iPath Series B Bloomberg Natural Gas Subindex Total Return ETN
Shares of U.S. liquefied natural gas companies fell sharply in today's trade as China's biggest LNG importer reportedly suspended some contracts: Cheniere Energy (NYSEMKT:LNG), the largest U.S. exporter of LNG, finished -3.5% after sinking to its lowest in more than a year, while Tellurian (NASDAQ:TELL) closed -7.4% and NextDecade (NASDAQ:NEXT) -5.6%.
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