China digs in on coal, oil gains as energy crisis deepens

Reuters China ordered miners in Inner Mongolia to ramp up coal production and oil prices jumped on Friday as a record surge in the cost of gas revived demand for the most polluting fossil fuels to keep factories open and … The post China digs in on coal, oil...

Oil rises as global energy crunch takes hold

Reuters LONDON – Oil prices rose on Friday to trade 4% up on the week, buoyed by a global energy crunch that has helped gas prices to record highs and prompted China to demand increased coal production. Energy markets have … The post Oil rises as global...