Bullbit
Commodities
Midmorning Markets: LNG Exports a Bullish Bright Spot Despite Springtime Maintenance
- What: LNG exports are supporting Lower 48 demand despite seasonal maintenance and unplanned outages.
- Why: Residential/commercial demand has hit the usual springtime doldrums.
- Signal: Weekly storage withdrawals are likely in the rearview mirror for now.
- Target: LNG exports are propping up overall Lower 48 demand.
- Risk: Unplanned outages may still pose a risk to overall demand.