-
Natural gas has formed higher lows connected by a rising trend line that’s been holding since the start of the month. Price is in correction mode and might be in for a test of this support. Buyers already seem to be defending the 50% Fib level at the $2.100 major psychological mark and could take the commodity price back up to the swing high at $2.193 or ...
-
Back in March, S&P Global reported that a record 24 cargoes carrying nearly 1.6 million metric tons of U.S. LNG had reached Asia via the Cape of Good Hope in the first three months of 2024, with exporters choosing the much longer route and shunning the Panama and Suez canals due to various challenges. S&P reported that only 14 cargoes had reached Asia ...