The Largest Oil Market Intervention In History?

As the world continues to grapple with the fallout from the coronavirus crisis, some of the largest oil producers in the world are coming together with the potential of a joint global oil output cut.  (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) Oil prices surged by the most on record in percentage terms on Thursday, jumping by 25 percent. Prices were up again on Friday during early trading. The jolt came from a tweet from President Trump regarding a supposed…