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Surge in LNG prices adding pressure on oil market, says S&P Global Platts

Squawk Box Asia

Surge in LNG prices adding pressure on oil market, says S&P Global Platts

Roman Kramarchuk of S&P Global Platts says the price surge of liquified natural gas has led to "gas to oil switching," causing demand for oil to jump.

03:08

Tue, Oct 26 20219:42 PM EDT

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