Qatar signs second 27-year contract to supply China with LNG Asian customers lead race to secure LNG from QatarEnergy expansion China’s CNPC takes stake in QatarEnergy expansion project DOHA, June 20 (Reuters) – Qatar on Tuesday concluded its second major gas supply deal with a Chinese state-controlled company in less than a year, putting Asia … Read more
Nikkei slips, yen at 7-month low after BOJ meeting China expected to cut rates after disappointing growth US closed for holidays, awaiting Powell testimonies BOE set to hike rates 25 basis points on Thursday, oil crashes SYDNEY, June 19 (Reuters) – Asian stocks started cautiously on Monday after their best weekly run in five months, … Read more
Shell to keep oil production stable The company will develop its gas and LNG activities Reduced capital expenditures for 2024-2025 LONDON, June 14 (Reuters) – Shell (SHEL.L) will increase its dividends and share buybacks while keeping oil production stable until 2030, it said on Wednesday, as CEO Wael Sawan was struggling to regain investor confidence … Read more
(1/2) The Houston Ship Channel and adjacent refineries, part of the Port of Houston, are seen in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott 75 of the biggest have now pledged to reach net zero Most do not cover or are not transparent about Scope 3 emissions LONDON, June 11 (Reuters) – The number … Read more
MSCI Asia ex-Japan hits highest level since April 21 Fed expected to back off rate hike this week Oil slides more than 1% on China worries SINGAPORE, June 12 (Reuters) – Asian stocks stalled in cautious trading on Monday as investors braced for central bank decisions in Europe, Japan and the United States this week, … Read more
(1/3) The DAX chart of the German stock price index is pictured on the stock exchange in Frankfurt, Germany, June 5, 2023. REUTERS/Staff European stocks come out of the red Bond markets reassess rate expectations after Canada surprise The Turkish lira stabilizes after a 7% fall on Wednesday LONDON, June 8 (Reuters) – Borrowing costs … Read more
SINGAPORE, June 6 (Reuters) – Asian stocks rose on Tuesday as weak U.S. economic data bolstered expectations that the Federal Reserve could ignore an interest rate hike at its meeting next week. MSCI’s broadest index of Asia-Pacific stocks outside Japan (.MIAPJ0000PUS) rose 0.17%, brushing off earlier losses, while Tokyo’s Nikkei (.N225) gained 0.65%. Futures indicated … Read more
(1/2) A general view of Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File Photo Brent and WTI both jump over $1 Saudi decision adds to OPEC+ cuts OPEC+ meeting, Saudi cuts could push prices higher – analysts LONDON, June 5 (Reuters) – Oil prices rose more … Read more
Asian scholarships: Nikkei up 1.6% to break key level; high dollar Oil prices pare gains after sharp Saudi production cuts Markets bet Fed will pause in June, sees risk of July hike SYDNEY, June 5 (Reuters) – Most Asian stock markets extended their global rally on Monday on suspicion that the Federal Reserve would suspend … Read more
Cuts could amount to 1 million bpd – sources OPEC+ must adjust its production baselines – sources Formal meetings delayed by more than 3 hours VIENNA, June 4 (Reuters) – OPEC and its allies met on Sunday to try to agree on further production cuts, sources told Reuters, as the group grapples with falling oil … Read more
