|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.79 - 6.92|
|52 Week Range||4.32 - 10.95|
|Beta (5Y Monthly)||1.65|
|PE Ratio (TTM)||25.16|
|Forward Dividend & Yield||0.33 (4.80%)|
|Ex-Dividend Date||Dec. 27, 2019|
|1y Target Est||N/A|
MOSCOW/SEOUL/LONDON (Reuters) - The gathering of the world's top oil traders, London International Petroleum Week, will be less crowded this year as the bulk of traders in Asia plan either to cut or cancel their Feb. 24-27 travel plans due to the coronavirus outbreak. The virus, which originated in China late last year, has claimed over 1,100 lives and spread to other countries. Japan, which shares the rank of the world's top energy importers with China, has the second largest number of cases.
Oversupply in the global liquefied natural gas (LNG) market could continue until the middle of the year but then ease as demand from southeast Asia and India picks up, an executive from Japanese oil and gas firm Inpex Corp. <1605.T> told Reuters. "But economic growth in Asia Pacific particularly - China and India and southeast Asian countries - their economic growth is still going, so that means they will generate new energy requirements," he added. There are also concerns about the impact of the coronavirus on China's industrial demand, which accounts for 60%-70% of total LNG consumption in China.