LNG shipping stocks: Oops, he did it again!

The UP World LNG Shipping Index (UPI) dropped 2.04% (3.44 points) to 164.93, while the S&P 500 declined by 1.53%. European LNG demand remains strong as bunkers are about 33% full post-winter, but Asian LNG sales have slowed, making Europe the primary market. Spot rates stay low at around $28,000 per day. Meanwhile, market volatility …

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