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Crude oil jumps as Trump hints at Russian-Saudi oil deal
4/3/2020

President Donald Trump said Thursday that Russia and Saudi Arabia could soon announce a deal to curb their oil production by 10 million barrels per day, or about 45% of their combined output. News of the potential end to the oil price war caused US oil prices to jump 35% and settle at a 25% increase, the largest single-day rise since 1983.

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