(Bloomberg) -- China is looking to stock up on liquefied natural gas for winter, returning to the spot market in a move that risks reducing supply to other importers.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech Giants Power Stock Gains as Tesla Jumps 10%: Markets WrapMeloni Tells China That Italy Plans to Exi
Unipec, the trading arm of Sinopec, released a tender to purchase more than a dozen shipments for this winter, in addition to deliveries through the end of 2024, according to traders with knowledge of the matter.
China’s LNG imports fell by 20% last year due to virus restrictions and high prices. While deliveries have increased this year, they’re still below 2021 levels, when China was the world’s top buyer.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China Returns to Buy Winter Gas Supply in Risk to Global BalanceChina is looking to stock up on liquefied natural gas for winter, returning to the spot market in a move that risks reducing supply to other importers.
Read more »
Tesla and China Risk Leaving Volkswagen on a Road to NowhereAutomotive powerhouse is under pressure to step up its electric-vehicle strategy, and fast.
Read more »
RCMP equipment purchased from company linked to China not a security risk, audit concludesA recent RCMP audit found that equipment it purchased from a company linked to China did not pose a security concern, but the national police force said it will improve the overall procurement process to bolster security requirements.
Read more »
Morgan Stanley Favors Treasuries in Clash With Wall Street Peers(Bloomberg) -- Morgan Stanley has pushed back against Treasury bears, saying investors should buy US sovereign debt as markets may be too optimistic over the prospect of a soft-landing for the economy.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesBoss of Failed Cryp
Read more »
Vietnam Air, Boeing Agree $7.8 Billion Deal for 737 Max Jets(Bloomberg) -- Vietnam Airlines JSC signed an agreement to buy Boeing Co. aircraft during a visit by US President Joe Biden to the Southeast Asian nation.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden Doubts China Able to Invade Taiwan Amid Economic WoesEven Brief UAW Strike Seen Causing Billions in US Economic DamageT
Read more »
T-Mobile Kicks Off Two-Part Bond Sale While Issuance Spree Roars On(Bloomberg) -- T-Mobile US Inc. is tapping the US investment-grade bond market on Monday as blue-chip firms rush to raise fresh capital ahead of key inflation data later this week.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayMeloni Tells China That Italy Plans to Exit Belt and RoadIndia’s G-20 Win Shows US Learning How to Counter China RiseTesla and China Risk Leaving Volk
Read more »