More United States' exports of liquefied natural gas (LNG) to Europe along the strategies outlined by President Donald Trump will relieve tight global markets, reduce prices, and help traders diversify their sourcing,

European natural gas prices jumped back to €50/MWh on Wednesday, the highest level since the first trading day of the year, as freezing weather in Texas threatens exports of liquefied natural gas from the U.

Venture Global LNG on Wednesday slashed the valuation it sought from a U.S. initial public offering to $65.33 billion, significantly lower than the initial target of $110 billion. The revision by the second-largest exporter of liquefied natural gas in the United States follows days of marketing to potential investors,

The company plans to increase its share offering from 50 million to up to 62 million in its potential New York flotation.