LNG shipping stocks: Third week of declines

Last week, the UP World LNG Shipping Index (UPI), which tracks the performance of LNG shipping companies, lost 1.57 points or 1.06%, closing at 146.97 points. The S&P 500 (SPX) index, representing U.S. stocks, also experienced a gain of 0.82%. Both indices can be found in the image provided below. UPI’s decline began just a …

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