Asia’s Gas Buying Spree Is Wilting in the Summer Heat
Absent another geopolitical crisis, everything points to a welcome return to normality.
Air conditioners jut from a residential building in Shanghai.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Welcome to our guide to the commodities markets powering the global economy. Today, energy reporter Stephen Stapczynski looks at the state of gas demand in Asia.
A heat wave sweeping across Northeast Asia prompted a jump in natural gas prices, redirecting volumes away from Europe at a time when the region should be restocking for winter.