Oil jumping 35% after Trump words on Saudi Arabia and Russia cuts

US, WASHINGTON (ORDO NEWS) —  The cost of June futures for Brent crude on the London ICE exchange at its peak rose by 46.7% to $ 36.29 per barrel, according to the trading platform.

However, then growth slowed down, according to 18:06 UTC, Brent is rising by 20.9% and is trading at $ 29.91 per barrel.

The price of WTI oil is growing by 23.29% – up to $ 25.04 per barrel, at the peak of growth it reached $ 27.39 per barrel, which is 34.86% higher than the closing level of previous trading.


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