Daily oil and LNG price update (India contractpocalypse)

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The Brent oil price managed a small rise Friday night to $43.36. Henry Hub gas held its gains:

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Gas is strong because stocks continue to run down, from John Kemp:

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The U.S. natural gas market is on an unsustainable course as low prices stimulate strong growth in consumption while production is flat or falling.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.