markets

Markets: Japan’s February LNG imports slide

Posted on March 20, 2019March 20, 2019 by Mozambique Resources Post

Japanese imports of liquefied natural gas (LNG) during the month of February dropped 11.4 percent compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance.

Markets: OPEC Can Make or Break Oil’s Bull Run

Posted on March 19, 2019March 19, 2019 by Mozambique Resources Post

(Bloomberg) — OPEC can make or break oil’s bull run, and hedge funds are betting the cartel will keep fueling the rally.

Markets: Oil Extends Gain

Posted on March 12, 2019March 12, 2019 by Mozambique Resources Post

Oil rose for a second day as Saudi Arabia was said to plan extending deep supply curbs and a nationwide blackout sparked a production collapse in Venezuela.

Global Markets: And… Oil Rises

Posted on March 12, 2019March 12, 2019 by Mozambique Resources Post

(Bloomberg) — Oil rose as Saudi Arabia was said to extend deep supply cuts into April.

Markets: “OPEC To Clear Supply Glut By April” – Goldman

Posted on March 6, 2019March 6, 2019 by Mozambique Resources Post

Goldman Sachs expects OPEC to succeed in clearing what it has deemed excessive oil supply by April, when the latest production cut deal will be reviewed at a meeting of the cartel and its partners.

Global Markets: Investors spooked by Brazilian Vale’s surprise CEO shake-up

Posted on March 5, 2019March 5, 2019 by Mozambique Resources Post

Investors were skeptical on Sunday about the surprise decision by Brazil’s Vale SA to remove its high-profile chief executive in the wake of a deadly January accident at one of the world’s largest iron ore miner’s facilities.

Markets: Crude Oil Erases Recent Gains

Posted on February 26, 2019February 26, 2019 by Mozambique Resources Post

West Texas Intermediate (WTI) and Brent crude oil futures posted a series of gains during the second half of last week, but those overall increases were erased Monday.

Markets: LNG Prices Hit 17-month Low in North Asia

Posted on February 26, 2019February 26, 2019 by Mozambique Resources Post

(Bloomberg) — Liquefied natural gas prices in North Asia, the world’s biggest market for the fuel, have slumped to the lowest in 17 months as the peak demand season ends with a whimper.

Global Oil & Gas: Why 2019 will be pivotal for new LNG supply and markets

Posted on February 22, 2019February 22, 2019 by Mozambique Resources Post

Critical investment decisions will impact on the global demand balance, the Petroleum Economist writes.

Global Markets: Japan’s January LNG imports drop

Posted on February 21, 2019February 21, 2019 by Mozambique Resources Post

Japanese imports of liquefied natural gas (LNG) declined 8.7 percent in January when compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance.

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