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(Bloomberg) -- After years building out export capacity and hiring traders, producers of liquefied natural gas and commodity trading houses are seizing on an unprecedented surge in the price of the fuel.
Demand is growing as nations look for reliable alternative
RIO DE JANEIRO: Asian spot prices for liquefied natural gas (LNG) rose to the highest in more than six years this week, with growing shipping rates adding to a supply crunch and high demand for heating
RIO DE JANEIRO/SINGAPORE: Asian spot prices for liquefied natural gas (LNG) rose this week to the highest since Sept. 2018 due to high demand for heating, a supply crunch and increasing freight rates, trade sources said.
SIAK, Indonesia: Setiono Ono pauses his morning wildfire patrol near the northeastern coast of Sumatra island at a small timber dam between a logged area and an oil palm plantation.
CAIRO: A single emergency interest-rate cut by Egypt at the height of the coronavirus pandemic delivered all the monetary stimulus the economy is likely to get any time soon.
CAIRO: Inflation in urban parts of Egypt decelerated to its lowest level since November, as authorities battle to offset the impact of the global coronavirus pandemic
LONDON: Europe’s leaders may be united on the need to throw money at economies during the coronavirus crisis, but they have yet to confront how to pay for it all.