Oil surges 23% to post best day ever, rebounding from Wednesday’s steep losses

U.S. oil jumped more than 23% on Thursday for its best day on record, as it clawed back more than half of the losses from Wednesday’s swoon.

As tensions between the two countries escalate, President Donald Trump said the U.S. could intervene, which contributed to oil’s gains in afternoon trading.



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Source: CNBC

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