PH trade deficit narrows in Sept

Credit to Author: Anna Leah E. Gonzales| Date: Wed, 04 Nov 2020 16:26:37 +0000

The country’s trade gap shrank in September from its month- and year-earlier figures as imports outpaced exports, the Philippine Statistics Authority (PSA) reported on Wednesday. Preliminary data from the statistics agency showed that inbound shipments in the month contracted for the 17th straight month to $7.92 billion, 16.5 percent smaller than the $9.48 billion in […]

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The POWER Interview: Keeping the Flame for Natural Gas

Credit to Author: Darrell Proctor| Date: Tue, 14 Apr 2020 15:54:24 +0000

The post The POWER Interview: Keeping the Flame for Natural Gas appeared first on POWER Magazine.

The crash in global oil prices, though a challenge for cash-strapped drillers and U.S. exploration and production (E&P) companies, may provide an opportunity to move natural gas prices higher. Analysts in recent days have said higher gas prices could come as soon as next winter—some predict prices could more than double from recent lows of […]

The post The POWER Interview: Keeping the Flame for Natural Gas appeared first on POWER Magazine.

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IHS: Natural Gas Prices Will Fall Below $2/MMBtu in 2020

Credit to Author: Sonal Patel| Date: Thu, 12 Sep 2019 14:38:18 +0000

The post IHS: Natural Gas Prices Will Fall Below $2/MMBtu in 2020 appeared first on POWER Magazine.

Average natural gas prices at Henry Hub in 2020 could fall to below $2/MMBtu —a level “not seen in decades”—owing to a persistent oversupply, a new report from information and analytics firm IHS Markit suggests.  Prices could fall despite strong demand for natural gas, both domestically, including for power generation, as well as for exports. […]

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‘Back on track’: Trump, Xi seal trade war truce

Credit to Author: jespinosa| Date: Sat, 29 Jun 2019 23:10:08 +0000

China's President Xi Jinping (R) greets US President Donald Trump before a bilateral meeting on the sidelines of the G20 Summit in Osaka on June 29, 2019. (Photo by Brendan Smialowski / AFP)

US President Donald Trump on Sunday hailed trade talks with his Chinese counterpart Xi Jinping as “far better than expected” and vowed to hold off on further tariffs as negotiations continue.

The post ‘Back on track’: Trump, Xi seal trade war truce appeared first on Inquirer News.

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