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Large commodity trading houses Gunvor, Trafigura and Vitol are investing in LNG ships and terminals as margins in crude oil trading narrow. The move accelerates the shift of gas from pipelines to seaborne tankers.
Trader investment in LNG infrastructure expands global gas logistics but does not materially change feed commodity supply or prices.
bloomberg.comAnna Shiryaevskaya, Andy HoffmanApr 1, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
