Trump Tweet Drives Oil Prices Higher Amid Skepticism

摘要

Oil prices bounced nearly 20% higher on Thursday — a jump traders say was exacerbated by short-covering — after US President Donald Trump tweeted that a deal was being brokered between Saudi Arabia and Russia to cut production. Trump said on Twitter he had spoken to leaders in Saudi Arabia and Russia and that he expects they will be cutting by “10 million barrels, and maybe substantially more.”