Energy Shares Rebound With Oil Prices -- Energy Roundup
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Energy shares led gains as oil and natural gas prices increased. Crude oil rose over 2%, recovering from previous losses amid ongoing discussions between President Trump and Ukraine's Zelensky. U.S. natural gas futures for January surged 7% due to colder weather forecasts and high LNG flows. The EIA reported a 166 Bcf withdrawal in storage, slightly below the five-year average. Frontera Energy's Colombian subsidiary secured a financing deal with Chevron worth up to $120 million for future oil deliveries.
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