President Trump is set to welcome top oil company executives to the White House today to discuss relief measures for the fossil fuel industry. Demand for oil has plummeted amid the coronavirus pandemic and a price war between Russia and Saudi Arabia. Oil prices surged 25% Thursday after Trump tweeted that his “friend” — Saudi Crown Prince Mohammed bin Salman — had agreed with Russian President Vladimir Putin to cut oil production.
Amid Pandemic, Trump Welcomes Big Oil to White House to Discuss Bailout
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