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“The return of LNG prices to more normalized levels benefits emerging markets the most, as their energy affordability and availability was most impacted by the LNG price spikes last year,” said Saul Kavonic, a Sydney-based energy analyst at Credit Suisse Group AG.
From Thailand and Bangladesh to Colombia, emerging markets were the biggest buyers in the spot market for a second straight quarter earlier this year.
Low taxes and other lifestyle perks add to Dubai’s appeal
London’s commodities merchants are following some of their Swiss peers to Dubai, as the emirate moves from being an outpost focused on crude to a major
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