Energy Exports Boost Australia’s Trade Surplus ...Middle East

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Energy Exports Boost Australia’s Trade Surplus
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Australia’s exports swelled to almost $8 billion in May, or A$11.8 billion, more than a billion Australian dollars over expectations, Bloomberg has reported, citing government data. Energy commodity exports increased modestly during the reported month but their value pushed the total higher. Coal, coke, and briquette exports rose by 1.6%, the data showed, while mineral fuel exports including liquefied natural gas rose by 3.4%. Earlier this month, the Australian resources ministry reported a surge in energy and mining commodity export income…

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