19 April 2024
BREAKING: Brent spikes as Trump claims Saudi, Russia to cut ‘10-15 million barrels’
Publication date: 02 April 2020
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The price of Brent crude is set to post one of its strongest ever days of gains after US president Donald Trump said Saudi Arabia and Russia are poised to announce an agreement to cut crude oil supply by as much as 10-15 million barrels, potentially drawing a halt to their price war that has roiled markets and brought the US shale sector to its knees. But the president’s tweets immediately caused confusion for failing to specify ...