Tag Archives: Natural Gas

US liquefied natural gas (LNG) exports rose nearly 16% last month to a record high, according to preliminary Refinitiv data, with shipments to Europe continuing to dominate.US LNG is in high demand as European countries try to cut gas imports from Russia following its invasion of Ukraine while also looking …

Russian President Vladimir Putin and German Chancellor Olaf Scholz held talks on Wednesday, reported Russian state media, and agreed to hold talks between experts on the potential for ruble payments for Russian gas payments.The call comes ahead of a 31 March deadline set by Putin for Gazprom and the Russian …

Geopolitics continued to impact the economic outlook throughout the previous week. Christine Lagarde emphasized the punitive measures were designed to target the regime, not the Russian people, while new “fiscal remedies are still needed” to stabilize Europe’s economy.Russia’s invasion of Ukraine on 24 February has fundamentally brought about deep economic …

The Ukrainian government website reported on Friday that the government has removed the requirement to obtain export licenses for corn and sunflower oil for the 2021-2022 season. Ukraine had suspended exports of some grains, salt, sugar, meat and livestock as it battled an invasion by Russian military forces, and loaned …

Exchanges and brokers are demanding more money up front to trade oil, wheat and natural gas, straining markets already dealing with supply disruptions from the Ukraine war. Commodity prices are hot right now. But the prices investors are paying in the open market for commodities like coffee, copper or corn …

There have been a lot of moving events during the past week, most notably the monetary policy decisions of the Fed and the Bank of England. Those decisions, which reflected a clear shift in the direction of monetary policy, led to a change in the price movement. The US Federal …

Natural gas futures reversed lower on Friday as analysts mulled updated inventory data and as overnight weather modeling dialed back the extent of lingering late-winter cold. After brushing up against the $5/MMBtu mark Thursday, the April Nymex contract was down 8.1 cents to $4.909/MMBtu earlier trading, and further retreated at …

The US Dollar remained under selling pressure throughout the day, accelerating its slump ahead of the London fix. The USD was affected by persistent weakness in government bond yields following the hawkish Federal Reserve’s announcement on Wednesday.Economic DataWTI crude has climbed near USD 102.00 as IEA renewed fears of supply …

After massive commodity producer Russia was exiled from the world economy, a new shock is emerging from China; the world’s biggest user of raw materials.The big picture for commodities prices is that they turned tail and tumbled yesterday, as China imposed new COVID-related lockdown in response to soaring infection rates.In …

Oil prices extended losses on Tuesday to a two-week low after ceasefire talks between Russia and Ukraine eased fears of another oil supply disruption, while coronavirus infections in China raised concerns about slowing demand for crude. Brent crude futures were down $5.95, or 5.6 percent, at $100.95 a barrel by …