|
Oil hits 7 year high; also Evergrande stops being traded
 [WashingtonTimes] ... unusually high prices for natural gas are pushing some electricity producers in Asia to switch from natural gas to oil-based products, helping support prices.The price of a barrel of crude jumped by 3%, or $2.32, to $78.17 on the New York Mercantile Exchange, the highest since 2014. The Brent international benchmark hit a new 3-year high at $81.48, up 2.8% on the day. ----------- Evergrande is no longer trading on the Hong Kong Exchange Related: Evergrande: 2021-09-22 Evergrande: Huge debt threatens to collapse, a big hit to markets but where did the money go Evergrande: 2021-09-21 China's Evergrande Contagion- How bad will it be for USA and World Evergrande: 2021-09-12 Angry Evergrande Homebuyers Protest Against Construction Halt Posted by: Lord Garth 2021-10-05 |
| http://www.rantburg.com/poparticle.php?ID=614349 |