Oil surges 5 percent on trade truce, expected supply cuts

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Oil surges 5 percent on trade truce, expected supply cuts
03 December 2018, London/Singapore — 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 cut supply. U.S. light crude oil rose $2.92 a … More »
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