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3/30, 5:46 PM (Source: TeleTrader)
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Trump, Putin agree to hold oil talks at ministerial level

United States President Donald Trump agreed with his Russian counterpart Vladimir Putin on Monday that discussions between the two countries about the oil prices will continue at a ministerial level and stressed the importance of stability in the oil markets. The two leaders also agreed to cooperate on battling the coronavirus pandemic.

Meanwhile, oil extended losses as earlier in the day Brent sank over 10% to reach its lowest price since 2002.

Earlier in the month, Trump announced the US will soon get involved in the oil price war between Saudi Arabia and Russia.

Breaking the News / ND