Oil’s rout may have been an unexpected boon for the biggest buyers of liquefied natural gas, but its knock-on effects may come back to bite them.
That is because more than a dozen proposed LNG export projects from the US to Mozambique are at risk of being delayed or scrapped as crude careened to...
Oil fell on Monday as an emergency rate cut by the US Federal Reserve failed to soothe global financial markets panicked by the rapid spread of the coronavirus, while a price war between top producers added to a growing supply glut.
Brent crude fell $2.07 to $31.78 a barrel, extending last week’...