Brent crude is trading highter on Tuesday.
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Why American oil can keep booming despite crazy swings
Head-spinning price swings have returned with a vengeance to the oil market. A few words from Saudi Arabia about OPEC and Russia pumping more sent crude crashing 8% in the span of just a few days. The dramatic sell-off wiped out a chunk of the recent spike above $70 a barrel that was driven by concerns about President Trump's sanctions on Iran.
