Oil Soars on Trump’s Contentious Saudi-Russia Output Cuts Claim
Shipping containers sit stacked on container ship ‘E.R. Vancouver’, operated by Zeaborn Chartering GmbH, at ECT Delta terminal in the Port of Rotterdam in Rotterdam, Netherlands. The spread of coronavirus is scrambling supply chains in everything from crude oil to copper and foodstuffs, with many countries reporting a shortage of containers. Photographer: Yuriko Nakao/BloombergTopics  

Oil Soars on Trump’s Contentious Saudi-Russia Output Cuts Claim

(Bloomberg) -- Oil soared after U.S. President Donald Trump said Saudi Arabia and Russia would make major output cuts, though uncertainty swirled over the volume of curbs and whether reductions wou...
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