Oil slides after Trump declines to cut output
Brent crude futures drop after President Donald Trump fails to reduce US production to match Saudi Arabia and Russia planned cuts
03 April 2020 - 07:43
Singapore — Oil prices fell on Friday, coming off their biggest one-day gains in the previous session, after US President Donald Trump said he had brokered a deal between Saudi Arabia and Russia to cut output, but made no offer to reduce US production.
Brent crude futures fell 3.27%, or 98c, to $28.96 per barrel at 3.35am GMT, after having soared 21% on Thursday...
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