LNG Shipping Stocks: Holiday Decline

Stefan Dinse/iStock via Getty ImagesSummary Last week, the UP World LNG Shipping Index (UPI) declined by 0.63% to 165.53 points, marking its second consecutive week of decline amid low trading volumes and increased market volatility typical of the holiday season. New Fortress Energy led the gainers with over 20%, driven by the launch of its FLNG Altamira LNG project, while Excelerate Energy saw a 3.5% rise, forming a bullish hammer pattern despite seller pressure. Most decliners were from Asia again. UP ...