US LNG producers soar as EU agrees to $750 billion in energy purchases

(Reuters) -Liquefied natural gas developers led gains for U.S. energy companies in premarket trading on Monday, after the European Union pledged $750 billion worth in strategic purchases as part of a sweeping trade pact. The framework trade deal, which ended months of uncertainty for industries and consumers on both sides of the Atlantic, calls for strategic purchases, covering oil, gas, and