Coronavirus pandemic

LNG Spot Cargoes Exceed as Demand Trips Amid Coronavirus Pandemic

  • LNG suppliers are flooding the market with excess spot cargoes, generating fresh headwinds for prices, as demand crumbles globally due to the coronavirus pandemic.
  • Spot supply has increased partly because of a big drop in demand from countries like India in Asia as well as Italy and Spain.
  • Spot LNG prices were already at seasonal lows before the virus crisis due to a warm winter and the fallout from the trade war between the United States and China.

Liquefied natural gas (LNG) suppliers are...

http://mfame.guru/lng-spot-cargoes-exceed-as-demand-trips-amid-coronavirus-pandemic/

[Watch] WHO Utters the Cursed Word, Coronavirus ‘Pandemic’!

  • The World Health Organization declared a global pandemic as the coronavirus rapidly spreads across the world.
  • “We’re deeply concerned both by the alarming levels of spread and severity and by the alarming levels of inaction,” the WHO’s chief said.
  • WHO officials had been reluctant to make such a declaration.
  • Declaring a pandemic is charged with major political and economic ramifications, global health experts say.

In a major development, the World Health Organization declared COVID-19 a...

http://mfame.guru/watch-who-utters-the-cursed-word-coronavirus-pandemic/

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