Saudi Arabia & Russia clash over oil output
Oil is back in focus as Russia and Saudi Arabia reach a production compromise, pushing Brent crude over $50 per barrel for the first time in nearly a year. Plus, following a threat to delist three major Chinese telecom firms from trading on the NYSE, the trading exchange has reneged on the threat. Meanwhile, the UK has announced stimulus measures to support businesses amid a renewed lockdown due to the Covid-19 pandemic.
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