Ruth Liao

Citadel made one of its biggest investments yet in the physical US natural gas market, expanding in one of its most profitable business areas.

US lawmakers, labor unions and steel manufacturers were at odds with shipping companies and farm exporters Monday over a Trump administration proposal to put million-dollar levies on China-linked ships docking in the US.

A proposal to curb China’s dominance of the global maritime industry would have an out-sized impact on bananas — and aggravate consumers already sensitive to higher prices at the grocery store, according to the largest US supplier of the fruit.

Commodity trader Gunvor Group purchased a significant minority stake in US shale gas producer Flywheel Energy LLC, part of a wave of trading houses moving into upstream oil and gas supply.

Woodside Energy Group Ltd. hired the top executive of a delayed Mexican LNG export project for its planned plant in Louisiana.

The Trump administration took steps to impose levies on Chinese vessels docking at US ports, threatening to shake up global shipping routes and escalate the trade war between the world’s two biggest economies.

US importers who rely on Chinese vessels to move everything from crude oil to retail goods warn they may be forced to raise prices for consumers.

The Trump administration took steps to impose levies on Chinese vessels docking at U.S. ports, threatening to shake up global shipping routes and escalate the trade war between the world's two biggest economies.

A South Korean shipbuilder plans to construct the first US-built liquefied natural gas tanker, following sweeping recommendations from a US trade agency that would tax ships made in China and aim to combat the Asian nation’s dominance in the industry.

Liquefied natural gas traders can make a better profit from selling US LNG cargoes in Asia than offering the fuel in Europe, an opportunity that opened up for the first time in seven months, according to data from analytics firm Spark Commodities.