(Natural News) A brutal cold wave is sweeping across Europe, bringing in tons of snow, triggering power outages and devastating several countries with lows that have not been seen since 1980 in Sweden. The extreme freeze over northern Scandinavia has also caused energy prices to soar to record highs. The main reason is the high […]

(Natural News) Just two days after Beijing imposed price controls on its coal rationing, the country is facing another crisis: gas shortage. Many stations across the country are running out of diesel due to supply constraints. As the Chinese economy aggressively reopened following the Wuhan coronavirus (COVID-19) shutdowns, the supply of fossil fuels started to […]

(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 […]

(Natural News) Prices of natural gas in different parts of the world rose to their highest levels recently. The price spikes threatened to increase costs for households and businesses. The high prices also raised concerns that the fuel shortage will only worsen as time passes. The price of liquefied natural gas (LNG) in the U.K. […]