; IEA prepares to walk back predictions of peak oil and gas demand; Bangladesh becomes LNG’s hottest story; China starts buying US-sanctioned Russian gas, defying Trump. Glenfarne Energy Transition, through its subsidiary Texas LNG, is developing the project, with US demand and global supply?chain pressures boosting interest for long?term U.S. LNG contracts. [MDN: The price of oil continues to trade in a fairly narrow band of the mid-$60s. U.S. natural gas settles lower ahead of storage dataWall Street JournalU.S. natural gas futures gave back gains from the previous two sessions ahead of inventory data expected to show an increase in the storage surplus that tops the five-year average. Nymex natural gas settled down 2.8% at $3.029/mmBtu.