CME launches Japanese LNG contract
With SGX having launched its LNG derivatives contract recently, the two exchanges are battling for market share
Singapore
THE Chicago Mercantile Exchange (CME) on Monday launched a new Japanese liquefied natural gas (LNG) futures contract, taking the battle to establish the first Asian LNG pricing benchmark up a notch.
Less than a month ago, the Singapore Exchange (SGX) launched its LNG derivatives contract, so the two exchanges are now in a race for market share.
LNG players are a…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Asia: Oil surges, equities sink as Iran blasts fan Middle East escalation fears
Gold set for fifth weekly gain as geopolitical risks buoy demand
Oil holds near 3-week low as US sanctions interrupt easing tensions
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
BP reshapes its leadership team as some executives leave
BHP to decide on future of nickel business by August, trims met coal estimates