CRUDE OIL, COAL, CHINA, ENERGY – TALKING POINTS:
Crude oil hits highest since October 2014 as supply outlook tightens.
Inventory data key to price direction as traders eye API, EIA data.
China flooding throttles coal supply outlook, pushing prices higher.
Oil prices rallied into the Asia-Pacific trading session before gains eased later in the day. The upbeat action came despite a pullback in risk-taking across equity markets on Wall Street. Crude oil is at th
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