Oil prices bounce back 7 percent a day after global markets crash

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# 10:46
10 March 2020

Brent crude futures gained $2.51, or 7.3 percent, to reach $36.87 per barrel on Tuesday, while US West Texas Intermediate (WTI) crude rose $2.15, or 6.9 percent, to $33.28 a barrel, APA reports citing Sputnik.

This comes after US President Donald Trump announced new economic stimuli on Monday, including payroll tax cuts and loans to small businesses.

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