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Oil soars 47% on Trump’s Saudi-Russia output claim

IndiaTimes Friday, 3 April 2020
Oil prices soared on Thursday after US President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and Saudi state media said the kingdom was calling an emergency meeting of oil producers to deal with the market turmoil.
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Video credit: Reuters Studio - Published
News video: Oil soars after Trump claims Saudi-Russia deal

Oil soars after Trump claims Saudi-Russia deal 01:42

Oil prices skyrocketed Thursday after President Trump said Saudi Arabia and Russia will announce a deal to cut global production that could reverse a crash in prices. Conway G. Gittens has more.

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