The Russian-Ukrainian war has exacerbated global fears of a crisis in the liquefied natural gas market, of which Moscow is one of the most important players. To overcome these concerns, Japan plans to boost its investments in LNG exploration projects,…
Continue ReadingThe Canadian dollar recovers from a four-week low as investors assess US inflation data. On Tuesday, the Canadian dollar edged higher against the US dollar, recovering from its lowest level in nearly four weeks, as oil prices rose and US…
Continue ReadingToday, Shell International resumed shipment of liquefied natural gas (LNG) from the Prelude facility, the world's largest floating LNG terminal, located off northwest Australia, after a 4-month shutdown due to a major blackout. A Shell spokesman said that a shipment…
Continue ReadingBecause of rising heating demand, the price of natural gas in the United States is set to reach its highest level since 2008. On Monday, U.S. natural gas futures rose about 5%, putting the contract on track for its highest…
Continue ReadingOil prices fell about 2% during trading on Monday, amid the market's anticipation of the liberation of the strategic oil reserves announced by the member states of the International Energy Agency, with the continued closures in China due to the…
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