According to a Chinese oil industry official, in 2022 China’s oil refining capacity overtook the United State’s to become the world’s largest. However he conceded that its overall production continued…

After a recession warning from the International Monetary Fund added to concerns over the rising Covid virus epidemic in China, oil prices continued to decline on Wednesday. March contracts for…

Elon Musk is warning investors against investing with margin debt, despite having done it himself in the past, given the possibility “mass panic” could strike the markets and wipe out…

The UK economy looks set to shrink 0.4% next year as high inflation persists and companies withold investment to weather the broader economic headwinds, according to a warning from the…

In the last ten months, roughly 150 cubic meters of roundwood worth €10,400 ($10,388) has been stolen from private forests in Estonia, according to a report by state broadcaster ERR…

As the dollar rises, outflows from Asia’s emerging markets is increasing, giving the region’s future an air of gloom. In an ominous harbinger for equities in the region, given historical…

The FCC has told Congress it will need an additional $3 billion to fund the removal of all equipment made by Chinese technology firms Huawei and ZTE, which will bring…

Concern over rising interest rates cooling the economy forced oil into its second weekly decline, even as it inched up $3 per barrel Friday. Brent crude rose $3.07, or 2.8%,…

In a prelude to Fed Chairman Jerome Powell’s appearance before Congress next week, the Federal Reserve delivered its annual report on Monetary Policy to Congress. In it, they struck a…

GM is slashing the price of 2023 Chevy Bolt, leaving it the cheapest EV in America for 2023. General Motors laid out pricing for the 2023 version of the Bolt…