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An attention-grabbing episode on Friday illustrates the facility of social media and pretend information. The NYMEX pure fuel futures worth for the “entrance month” December contract plunged as a lot as 7.4% on Friday morning after somebody figuring out themselves as a commodities dealer posted on Twitter that “cracked pipes” had been found on the Freeport LNG terminal, doubtlessly delaying the corporate’s plans to restart exports. Curiosity within the tweet took off after being shared by one other Twitter consumer that’s extensively adopted by fuel merchants and analysts.
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