Asia

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Oil Market Awaits Crucial Trump-Putin Meet as Prices Drift Lower

Oil drifted lower, settling below $66 a barrel, as investors awaited a face-to-face summit between Donald Trump and Vladimir Putin later Friday, an encounter with the potential to reshape crude flows from one of the world’s largest producers.

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Chinese Thermal Coal Hits 5-Month High on Heat and Disruptions

Power plant coal prices in China have risen to the highest level since March, as downpours in mining areas disrupt output and scorching heat in cities boosts cooling demand for the fuel.

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