Oil drops as China considers intervention to ease coal crunch

Capt. John

Oil prices fell on Wednesday after the Chinese government stepped up efforts to tame record high coal prices and ensure coal mines operate at full capacity as Beijing moved to ease a power shortage. Prices for Chinese coal and other commodities slumped in early trade, which in turn pulled oil down...

https://www.hellenicshippingnews.com/oil-drops-as-china-considers-intervention-to-ease-coal-crunch/

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