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Market Chatter: Exxon Mobil Anticipates Higher LNG Sales Despite Middle East War

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Exxon Mobil (XOM) executive Peter Clarke said the company has raised its liquefied natural gas sales forecast even as the Middle East war prompts some countries to reconsider their reliance on the fuel, Bloomberg reported Monday, citing an interview.

Clarke reportedly told Bloomberg he expects its annual LNG sales to reach 50 million tons by 2030, up from its previous forecast of 40 million tons, and to keep increasing,

Exxon Mobil did not immediately reply to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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$1COV.FADX:FERTIGLB$ENR.F$RWE.F
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