Oil slumped nearly 5% to the lowest in almost two weeks on Monday, extending last week’s decline as concern grew that prolonged COVID-19 lockdowns in Shanghai and potential increases to Continue Reading
Oil fell at the start of the week on concerns that a spreading Covid-19 outbreak in top consumer China will weigh on global demand. West Texas Intermediate futures slid almost Continue Reading
The global market for LNG has turned from a buyer’s market to a seller’s market. The West’s push to diversify away from Russian gas has created a particularly tight LNG Continue Reading
Indonesia is halting palm oil exports in the midst of high inflation, weather woes and tight supplies Hundreds of people line up to get cooking oils in Palembang, Indonesia on Continue Reading
Nigeria’s president has said the country is in “shock and trauma” following the deaths of at least 100 people from an explosion at an illegal oil refinery. President Muhammadu Buhari Continue Reading
Algeria, Spain embroiled in dispute over Western Sahara Algeria’s Sonatrach may increase gas price paid by Spain’s Naturgy Spain seeking to become a gas hub for Europe Algeria, which is Continue Reading
Beijing kicks off first of three rounds of mass testing in populous district Mass testing fuels concerns of shortages of food, supplies Chinese stock market down on fears Beijing may Continue Reading
Port congestion in China is prompting more vessels to refuel at the country’s ports as the worsening Covid-19 outbreak forces the reconfiguration of shipping routes. China supplied 4.9 million metric Continue Reading
In China, the fertile soil is a product of the region’s geography and its special history. A Mao-era campaign to end famine tapped the country’s most fertile land. Now President Continue Reading
Yang Wenhui should be a proud example of China’s rise from economic rubble to global powerhouse. Growing up poor, he ate so much cabbage that he didn’t touch it again Continue Reading
