Oil Jumps as Saudis Target American Refiners for Supply Cuts
Extracted crude oil splashes on a worker’s hand as it’s being pours from a pipe (Photographer: Dimas Ardian/Bloomberg)

Oil Jumps as Saudis Target American Refiners for Supply Cuts

(Bloomberg) -- Oil jumped as Saudi Arabia prepared to slash shipments to U.S. refiners in an effort to prevent a price-killing buildup of American stockpiles.
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