Oil prices claw back ground after crash
Prices had plunged by almost a third on Monday, the biggest drop since the 1991 Gulf War, after Riyadh drove through massive price cuts in a bid to win market share.
Oil prices surged more than six percent in Asian trade on Tuesday following heavy losses a day earlier after top exporter Saudi Arabia began a price war with Russia.
West Texas Intermediate was trading up 6.1 percent at more than $33 a barrel while Brent cru
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