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China orders top energy firms to secure supplies at all cost – MINING.COM – MINING.com

Volatility in the energy markets is poised to intensify on the order from the central government, analyst says.

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Oil futures erased earlier losses in New York. West Texas Intermediate crude climbed as much as 1.4% to $75.84 a barrel on Nymex. Natural gas futures in New York extended gains, and shares of U.S. gas exporter Cheniere Energy Inc. rose. Chinese coal futures…

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