Crude oil prices, which have been on a steady increase for 3 consecutive weeks, seem to be coming to an end primarily due to the rising tension between the United States and China

Oil prices have risen sharply in recent weeks

The oil producting countries have finally agreed upon a production cut. As per the historic deal signed today, 10 per cent of the global oil supply would be cut.

EXPLAINED: What is the historic oil deal all about?

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Oil prices have risen sharply in recent weeks

EXPLAINED: What is the historic oil deal all about?