China digs in on coal, oil gains as energy crisis deepens By Reuters – Investing.com

China digs in on coal, oil gains as energy crisis deepens By Reuters – Investing.com

By Chen Aizhu and Sonali Paul

(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 homes heated.

The rebound in economic activity from coronavirus restrictions has exposed alarmingly low supplies of leaving traders, industry executives and governments scrambling as the northern hemisphere heads into winter.