china

At least four LNG tankers are carrying U.S. cargoes to China for the first time in more than a year.

At least four LNG tankers are carrying U.S. cargoes to China for the first time in more than a year.

Uncertainty continues to mount across the global natural gas market with key buyers from Europe to South Asia sidelined by measures to slow the coronavirus, raising questions about how suppliers across the world will respond to the possibility of an extended downturn in demand as inventories fill.

Uncertainty continues to mount across the global natural gas market with key buyers from Europe to South Asia sidelined by measures to slow the coronavirus, raising questions about how suppliers across the world will respond to the possibility of an extended downturn in demand as inventories fill.

Drastic measures being taken by governments in Europe to stop the spread of the coronavirus are likely to impact natural gas consumption on the continent, which has been a major destination for liquefied natural gas (LNG) supplies, particularly those exported from the United States.

In another sign of the impact on energy demand from the worldwide coronavirus, the Organization of the Petroleum Exporting Countries (OPEC) on Thursday recommended that members reduce global crude output through the end of the year, with an additional adjustment through June.

U.S. liquefied natural gas (LNG) exports bounced back during the week ending Feb. 26 as 18 vessels departed carrying 69 Bcf, according to the Energy Information Administration (EIA).*

Oil futures and stock markets fell sharply Monday as reports of new cases of the coronavirus outside of China raised fears over the potential impacts of the outbreak on global economic activity.

The coronavirus reasserted its influence over the Lower 48 oil price outlook Monday as reports of new cases of the disease outside of China stoked fears both at home and abroad over the outbreak’s impact on global economic activity.