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The American President vowed, Donald Trump, Monday, in steps "Great" To protect the world’s largest economy from the spillover effects Corona Virus.
And she said The Japanese government It plans to spend more than $ 4 billion in a second package that includes steps to tackle the virus.
American shale oil producers, including natalpetrolium oxide Corp., have deepened spending cuts that could cut production.
After falling nearly 25 percent on Monday, oil prices recovered, Tuesday, following the example of stocks and other financial markets.
Brent crude contracts ended the session higher by $ 2.86, or 8.3 percent, to settle at the settlement of $ 37.22 a barrel.
Contracts were closed American measurement raw West Texas Intermediate is $ 3.23, or 10.4 percent, to $ 34.36 a barrel.
The benchmarks both fell, on Monday, to the lowest level since February 2016, recording their largest one-day losses in percentage terms since January 17, 1991, at the start of the first Gulf War.
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On Monday, US President Donald Trump pledged “great” steps to protect the world’s largest economy from the consequences of the spread of the Corona virus.
The Japanese government has said it plans to spend more than $ 4 billion in a second package that includes steps to tackle the virus.
American shale oil producers, including natalpetrolium oxide Corp., have deepened spending cuts that could cut production.
After falling nearly 25 percent on Monday, oil prices recovered, Tuesday, following the example of stocks and other financial markets.
Brent crude contracts ended the session higher by $ 2.86, or 8.3 percent, to settle at the settlement of $ 37.22 a barrel.
US benchmark West Texas Intermediate crude contracts closed $ 3.23, or 10.4 percent, to $ 34.36 a barrel.
The benchmarks both fell, on Monday, to the lowest level since February 2016, recording their largest one-day losses in percentage terms since January 17, 1991, at the start of the first Gulf War.
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