Oil extends gains after Trump hints at intervening in Saudi-Russia price war
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SINGAPORE (Reuters) - U.S. crude oil prices rose over $1 on Friday, extending steep gains from the previous session, after U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia at an "appropriate time".Prices were also supported by United States' plans to buy oil for its emergency stockpile, while regulators in the country's largest oil-producing state Texas were reportedly considering curtailing production. "Such actions, if implemented, would..