The terms of the trade deal imply an absolutely massive increase in Chinese imports of U.S. energy, and if this actually comes to pass, it will have serious disruptive effects across global markets.
The risk has receded for now, the agency said.
Quantities were not specified in the accord and analysts were unclear how quota sales will work.
Crude oil once again takes center stage with WTI spiking to a three-month high after recent events renewed tension in the Middle East.
Stratas Advisors predicts an 87 Bcf withdrawal for the week ending Jan. 10.
Attorneys general urge PHMSA to withdraw the proposal pending safety studies.
OPEC expects lower demand for its crude oil in 2020 as rival producers grab market share and the U.S. looks set for another output record.
Israel will initially export 200 million cubic feet of gas per day to Egypt, two Egyptian industry sources said.
U.S. oil output growth is expected to slow over the next five years, likely prompting oil majors to "gobble up" smaller shale oil producers, Mark Papa told Reuters.