Friday, June 5, 2026
LNG shipping rates soar 650% to $300,000 per day- oil and gas 360

LNG shipping rates soar 650% to $300,000 per day

(Oil Price) – The global LNG shipping market has turned sharply higher in recent days, with charter rates for modern LNG carriers surging from roughly $40,000 last week to around $300,000 per day as traders scramble to secure vessels amid escalating disruption in the Middle East. According to shipbroker Fearnleys’ latest weekly LNG report, cited by Riviera Maritime Media, daily spot charter

Commodities buffeted by Trump whirlwind seek relief in 2026: Russell- oil and ags 360

Commodities buffeted by Trump whirlwind seek relief in 2026: Russell

(BOE Report)– Commodities were pelted in 2025 by the whirlwind of tariffs and policies imposed by U.S. President Donald Trump, and while the storm may recede in 2026, the ripples will last some time. Trump’s efforts to remake global trade and his shifting geopolitical moves have boosted volatility in commodity markets, with prices being driven by daily headlines rather than