Oil Surges as U.S. Signals Trade Thaw, Venezuela Buyers Scramble
Rusted oil barrels sit in a spill at a facility in Venezuela. (Photographer: Bloomberg)  

Oil Surges as U.S. Signals Trade Thaw, Venezuela Buyers Scramble

(Bloomberg) -- Oil prices jumped higher after U.S. Treasury Secretary Steven Mnuchin signaled a truce is possible in the trade war with China amid multiplying threats to global crude supplies.
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