Reuters: Oil jumps 3 percent on OPEC, U.S.-China tensions

[chris]

Oil jumps 3 percent on OPEC, U.S.-China tensions
      
   
      

NEW YORK (Reuters) - Oil jumped more than 3 percent to over $47 a barrel on Monday on speculation producer group OPEC may cut output again and a naval incident between the United States and China, the world's top oil consumers.<div class="feedflare">
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