Australia’s liquefied natural gas sector is facing the prospect of industrial action at major export operations, adding another supply risk for Asian buyers already scrambling for cargoes after disruptions in the Middle East.
President Donald Trump said his Chinese counterpart Xi Jinping likes the idea of buying more US oil, as the leaders meet in Beijing.
Japan’s coal-power generation is rising while natural gas-fired output falls, as conflict in the Middle East chokes supplies of the less-polluting fossil fuel and sends prices higher.
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