Friday , 2 January 2026

Recent Posts

DGCX posts record H1 results, volumes up 44%

DUBAI / WAM Dubai Gold and Commodities Exchange (DGCX) recorded its best H1 ever in its 13-year history, trading over 11,300,000 contracts so far in 2018, up 44 percent year-on-year (y-o-y). Traded value for the first six months of 2018 breached $250 billion for the first time too. The exchange’s record-breaking performance was sealed following a robust month of trading …

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Big oil touts gas as fossil fuel answer to global warming

Bloomberg To reduce emissions and provide affordable electricity, the world needs to burn more fossil fuels, not less. That’s the message being delivered by the world’s biggest energy companies at the World Gas Conference in Washington, where they championed natural gas as the fuel of the future, rather than one that simply bridges the gap towards renewables. The world is …

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India hunting for shorter LNG deals

Bloomberg The good news for global natural gas exporters is that India’s largest utility is hunting for new supplies to import. The bad: It’s seeking shorter deals than have been traditional in the past. India now consumes almost 22 million metric tons a year of liquefied natural gas, but that demand could double within just four to five years, according …

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