Monday 17 December 2018
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eaglenews - 14 days ago

Oil prices soar after Russia, Saudi renew pact to cut output

Oil prices soared on Monday after Russia and Saudi Arabia renewed a pact to cap output, while the US agreed to halt raising tariffs on Chinese imports, stalling a trade row that many feared could hit demand for the commodity. Russian President Vladimir Putin said Saturday he and Crown Prince Mohammed bin Salman have agreed to extend our agreement to limit production as prices slump on global markets. An existing deal committing OPEC and non-members [ ]

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