(Natural News) Uncertainties surround the future of Chinese property giant Evergrande Group following reports that it could default on its latest debt repayment. Shares in the company, whose crisis has swelled through the wider property and banking sectors, plunged by 20 percent to a record low on Monday, December 6. In a statement over the weekend, Evergrande said that […]

(Natural News) Fuel retailers in China are now rationing diesel volumes to customers as the country intensifies its efforts to avert a supply crunch that is already affecting the coal and natural gas sectors. Long lines of vehicles are making their way to pump stations across Guangxi and Anhui provinces in east and southwest China, […]

(Natural News) Crude oil price in the U.S. rose 1.5 percent to $80.52 a barrel on Monday, Oct. 11, closing at that rate for the first time since late 2014 and bringing its price climb to 125 percent since the end of October 2020. Oil is now set to outpace copper by the largest amount since […]