China’s Coal Output Drops as Concerns Build Over Winter Supply
Chinese coal production fell last month, as concerns build over supply ahead of the winter heating season when demand typically peaks.
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U.S. crude slips after EIA reports 3.2 million-barrel draw
U.S. benchmark crude edged lower after the EIA reported a 3.2 million-barrel withdrawal in commercial crude oil stocks last week. Gasoline inventories rose 382,000 barrels and distillate stocks fell 42,000 barrels.