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Oil surges 5 percent on trade truce and expected supply cuts - Reuters
Reuters | Oil surges 5 percent on trade truce and expected supply cuts Reuters LONDON (Reuters) - Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute, and ahead of a meeting this week of the producer club OPEC that is expected to agree to cut supply. Oil prices soar more than 4.5 percent after US, China suspend trade hostilities Oil prices surge after US, China suspend trade hostilities The next move on the oil price depends on Iran |
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