Oil leaps on positive murmurings by Donald Trump
Also driving positive sentiment are rumours that China will speed up its crude purchases for its strategic stockpiles
02 April 2020 - 13:15
London — Crude oil futures jumped 10% on Thursday after US President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war.
Brent crude futures rose more than 11% in early trade. By 9.58am, Brent was up 8.97%, or $2.22, to $26.96, while US West Texas Intermediate (WTI) crude futures rose 8.81% or $1.79, to $22.10...
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