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Japan LNG buyers wary of Tellurian’s fixed-price offer

  CHIBA / Reuters Japanese buyers of liquefied natural gas have shown cautious interest in Tellurian Inc’s bold guarantee of US LNG delivered at a fixed price from 2023, wary of locking themselves into a price that may eventually work to their disadvantage. Tellurian Chairman Charif Souki – who pioneered the first US LNG exports ex-Alaska as head of Cheniere ...

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Oil rises as traders weigh growing stockpiles against OPEC cuts

  Bloomberg Oil rose in New York as investors weighed a surprise increase in US stockpiles against OPEC-led efforts to reduce the global oversupply. Futures added 0.5 percent, extending the 6.8 percent gain of the previous seven sessions. US output rose for a seventh week and inventories expanded to a fresh record, government data showed Wednesday. The increase in US ...

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Gulf’s bond sales see strong start this year

  Bloomberg Middle East international bond sales are off to the strongest ever start to a year as borrower demand for funds outstrips the firepower of local banks in an era of depressed oil prices. Hard-currency bond issuance from the six-nation Gulf Cooperation Council, which accounts for the bulk of the region’s capital markets and includes Saudi Arabia, its largest ...

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