Oil prices surge after Trump says he expects Saudi Arabia and Russia to end their price war and reach a deal

Business Insider

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· Oil prices surged by about 10% on Thursday after U.S. President Donald Trump said he called on Saudi Arabia and Russia to reach a deal to end their price war and mitigate a price collapse.
· Trump spoke to leaders in both countries as global demand for oil continues to evaporate while much of the world is in lockdown.
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