Coal surges past $50 mark while crude oil falls short

Coal surges past $50 mark while crude oil falls short

Coal prices in 2016 have regained their footing above the psychological threshold of $50, leaving the oil industry wondering when crude prices will return to form. Both thermal coal and crude oil prices plunged to more than 10-year lows earlier this year as both industries grappled with oversupply and slowing demand, but prices recovered as production outages tightened the market. Read More…

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