Bloomberg Liquefied natural gas (LNG) traders are following the latest trend in the oil market by storing huge amounts of the commodity on tankers, hoping prices will rise before the ship docks. But while crude can sit for months or even years in a tank, super-chilled LNG tends to evaporate even in the specialised vessels that handle it. That limits …

Bloomberg Energy secretary Dan Brouillette told oil industry representatives that he expected a Saudi-Russia deal on crude production cuts within days. Brouillette’s comments came during a conference call with a broad swath of oil industry representatives, after President Donald Trump met with top executives from Exxon Mobil Corp, Chevron Corp, Phillips 66 and other companies. The discussion was described by …

Bloomberg Some of the biggest mining and energy companies are scrambling to respond to tightening controls on movement inside Australia — the biggest exporter of iron ore and liquefied natural gas — by temporarily rehousing employees and their families thousands of miles from home. About 800 so-called fly-in fly-out (FIFO) mining workers have been relocated to Western Australia for potentially …