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Crude oil jumps over President Trump's potential intervention in price war
March 20, 2020
Source: Reuters

Crude oil jumps over President Trump's potential intervention in price war

Oil prices jumped in the international market on Friday, pushed up by President Trump's potential intervention in the price war between Saudi Arabia and Russia. Brent crude rose 0.1%, to $28.44 per barrel. US WTI crude climbed 1.7% at $26.34 a barrel. Sources privy to conversations in White House said that the Trump administration is considering a diplomatic push to resolve the ongoing price war between Saudi Arabia and Russia.

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