Oil prices rose by more than $2 on Friday, building on gains in the previous session after U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia. Prices were also supported by U.S. plans to buy up to 30 million barrels of crude oil for its emergency stockpile by the end of June and reports that regulators in its largest oil-producing state Texas might curtail output. The more active West Texas Intermediate (WTI) crude futures contract for May CLc2 was up $2.10, or 8.1% at $28.01 a barrel at 0820 GMT. U.S. crude futures for April CLc1 also rose $2.03 to $27.25 a barrel. The front-month April contract, which spiked […]