JPM | US Energy: MOU Is "Over," China Product Exports Resume, US Energy Equities See Best Day Since January, Why Are Energy New Issues So Weak?, Global LNG Analyzer, DVN & AR Previews

Research evidence excerpt

JPM | US Energy: MOU Is "Over," China Product Exports Resume, US Energy Equities See Best Day Since January, Why Are Energy New Issues So Weak?, Global LNG Analyzer, DVN & AR Previews

Brendan Henrici - Specialist Sales - US Energy AC North America Specialist Sales J P M O R G A Nbrendan.henrici@jpmorgan.com

J.P. Morgan Securities LLC 08 July 2026

JPM | US Energy: MOU Is “Over,” China Product Exports Resume, US

Energy Equities See Best Day Since January, Why Are Energy New

Issues So Weak?, Global LNG Analyzer, DVN & AR Previews

Brendan Henrici

+1 212 622 2729

brendan.henrici@jpmorgan.com

Key Highlights Today:

• MOU is “Over:” US Revokes Relief, Expands Scale of Attacks

• China Product Exports to Resume

• US Energy Equities See Best Day Since January

• Why Are Energy New Issues So Weak?

• Global LNG Analyzers

• DVN/AR Previews

Access, Calls & Surveys:

• SAVE THE DATE: JPM Webinar - Sustainable Investing 2026 mid-year Outlook: Focus on the Americas on July 09,

2026 at 10 am ET. Link to register.

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of a two-day panel agenda addressing key macro, corporate and thematic topics across the energy value chain and a

comprehensive program of one-on-one/small group meetings with global C-suite executives representing leading Oil & Gas,

OFS, E&P, Utility, Renewable and Mining companies. Full details will follow. In the meantime, please save the date in your

calendar for this event

Detailed Commentary (Spec View):

MOU is “Over:” US Revokes Sanction Relief, Expands Scope of Attacks. In what marks the most serious departure from the

post MOU status quo thus far, in addition to the revocation of the Iranian sanction waiver Tuesday, the US launched a series of