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Oil hits highest price this year

Unexpectedly large drop in US crude stockpiles sees prices rally, but Saudi Arabia says there is still work to do

Upcoming China visit: US Treasury Secretary Steven Mnuchin
Upcoming China visit: US Treasury Secretary Steven MnuchinPhoto: AFP/SCANPIX
  • Nassir Shirkhani
  • Kama Mustafayeva
London/Baku
Oil priceOpecUSAChinaSaudi Arabia
Published 20 March 2019, 18:56Updated 20 March 2019, 18:56