US coal production declines in 2016, with average coal prices below their 2015 level
U.S. coal production in 2016 is expected to total 743 million short tons (MMst), 17% lower than in 2015, and the lowest level since 1978. Falling production in 2016 continues an eight-year decline from peak production in 2008.
Frontline Declines to Lowest Since 1999 on Bond Payment
Frontline Ltd. (FRO), an oil-tanker company led by billionaire John Fredriksen, fell to an almost 14-year low in...