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Sino-U.S. Trade Deal, OPEC Cuts Push Oil Higher - Downstream News
Oil costs surged on Thursday, buoyed by a potential breakthrough in the Sino-U.S. trade spat and OPEC-led efforts to constrain provide, though trading was quite as many markets were in holiday mode. U.S. President Donald Trump stated Tuesday he and Chinese President Xi Jinping would have a signing ceremony for the so-called Phase 1 deal to …