Source: Matt Egan, cnn.com April 3, 2020 After Trump tweeted that he hopes and expects Saudi Arabia and Russia will slash output, US oil prices jumped to $27.39 a barrel. New York (CNN Business)–Hopes are building for a truce in the brutal oil price war between Saudi Arabia and Russia, setting off a record spike… Continue reading Oil prices spike as Trumps tweets Saudi Arabia and Russia agree deal.