Markets: Trade Tensions Are Keeping A Lid On Oil Prices

Markets: Trade Tensions Are Keeping A Lid On Oil Prices

Ongoing U.S.-China trade tensions continue to chip away at Chinese economic growth. China’s National Bureau of Statistics (NBS) said on Thursday that the country’s economy slowed in the first two months of the year as the rate of industrial production fell to its lowest in a decade. Advertisements

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Global Markets: Oil Prices Near Three-Month High As Market Tightens

Global Markets: Oil Prices Near Three-Month High As Market Tightens

Oil prices rose early on Monday, extending last week’s gains amid rekindled hopes that the U.S. and China could reach a trade deal and growing signs of a tightening market, driven by OPEC’s production cuts and U.S. sanctions on Iran and Venezuela.

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Global Markets: Japan’s 2018 LNG imports slightly down, costs up 21%

Global Markets: Japan’s 2018 LNG imports slightly down, costs up 21%

For illustration purposes only (Image courtesy of Tokyo Electric Power) Japanese imports of liquefied natural gas (LNG) imports declined just 0.9 percent in 2018 when compared to the year ago, according to the provisional data released by Japan’s Ministry of Finance.

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