BELIEVED

The gas crisis puts the LNG freight market in the hands of the energy giants

The gas crisis puts the LNG freight market in the hands of the energy giants

LONDON/SINGAPORE, Sept 27 (Reuters) – Soaring LNG freight prices have squeezed out dozens of smaller traders, concentrating business in the hands of a handful of international energy majors and big global trading houses. This grip is not expected to ease until 2026, when more liquefied natural gas (LNG) will begin to materialize and drive prices …

The gas crisis puts the LNG freight market in the hands of the energy giants Read More »

Column: The recession will be necessary to rebalance the oil market

Column: The recession will be necessary to rebalance the oil market

LONDON, Sept 22 (Reuters) – Unused capacity in global oil production has fallen to exceptionally low levels, contributing to intense upward pressure on prices until very recently. Restoring idle capacity to more comfortable levels will require a slowing of the business cycle, which is why a recession or at least a serious downturn is inevitable. …

Column: The recession will be necessary to rebalance the oil market Read More »

Asian stocks fall, yields rise as markets brace for aggressive Fed

Asian stocks fall, yields rise as markets brace for aggressive Fed

Visitors walk past the Japan Nikkei stock price quotation board inside a conference hall in Tokyo, Japan September 14, 2022. REUTERS/Issei Kato/File Photo Join now for FREE unlimited access to Reuters.com Register TOKYO, Sept 21 (Reuters) – Stocks in Asia fell and bond yields rose on Wednesday as investors braced for another aggressive interest rate …

Asian stocks fall, yields rise as markets brace for aggressive Fed Read More »

Stocks tight, dollar bullish for central bank frenzy

Stocks tight, dollar bullish for central bank frenzy

Passers-by wearing protective face masks walk past a stock market quotation board in Tokyo, Japan February 24, 2022. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 S&P 500 futures slide, Nikkei futures fall Fed tops central bank meetings Market tilts towards 75 bps from Fed, PBOC eases Dollar firm near multi-year …

Stocks tight, dollar bullish for central bank frenzy Read More »