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Energy Crisis Worsens As Russia Delays Coal Supply — Charles Kennedy

Summary:
Coal prices are rising again as the Russia-Ukraine crisis has put energy markets on alert and Russian coal producers struggle to get their coal via railways to export terminals due to COVID-related railway staff shortages. JSC Kuzbassrazrezugol (KRU), asked customers to postpone initially planned deliveries of coal for the first and second quarter of 2022 by one quarter, in a letter to clients dated February 18 and seen by Bloomberg News.... OilpriceEnergy Crisis Worsens As Russia Delays Coal SupplyCharles Kennedy

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Coal prices are rising again as the Russia-Ukraine crisis has put energy markets on alert and Russian coal producers struggle to get their coal via railways to export terminals due to COVID-related railway staff shortages. JSC Kuzbassrazrezugol (KRU), asked customers to postpone initially planned deliveries of coal for the first and second quarter of 2022 by one quarter, in a letter to clients dated February 18 and seen by Bloomberg News....
Oilprice
Energy Crisis Worsens As Russia Delays Coal Supply
Charles Kennedy
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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