LNG: China Steps Up Efford to Import Sanctioned LNG
Nov-12 12:02
China is stepping up its efforts to import US-sanctioned Russian gas, building the beginnings of a domestic “shadow fleet”, Bloomberg said.
- While pipeline gas imports are rising, this seaborne supply is a means of further diversification while strengthening ties to Russia.
- While the effort is still in its infancy, tanker movements and ownership in China are starting to reflect pattersn seen in Russian oil.
- Bloomberg noted that Hong-Kong owned LNG tanker CCH Gas is carrying a blacklisted cargo and is hiding its location near a Chinese port.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
SOFR OPTIONS: Goldman Recommend Mid-Curve Hedge Against Trade War Escalation
Oct-13 11:55
Late on Friday Goldman Sachs recommended going long the 0QZ5 97.25 calls at 8.0, targeting 16.0, with a stop set at 8.0 as a “tactical hedge against the risk that tariff concerns escalate”. The situation has obviously calmed a little over the weekend.
US: Bessent Sees Trump Post Turning Table on China
Oct-13 11:53
"[RTRS] BESSENT ON CHINA TRADE: TRUMP'S FRIDAY SOCIALMEDIA POST TURNED THE TABLES; CHINA MADE A MISCALCULATION" - Reuters
EURIBOR OPTIONS: Healthy Options Activity Continues
Oct-13 11:35
Latest Euribor trades:
- ERZ5 98.0625 call vs 97.9375 put combo. Paper pays 0.75 for the call in 5k (vs 97.98 spot, 46% delta).
- ERM6 98.375/98.625 1x1.5 call spread, paper pays up to 1.5 in 5k
Trending Top
Mar-27 20:13
