Oil Prices jumped after Saudi Arabia pledged to cut exports while the dollar remained on the defensive

Do you know the main reasons for the dollar depreciation? Why crude oil price grew again? 

The MSCI edged up with few percentage points, less than 0.1 percent and Japan’s NIKKEI slipped 0.1 percent. Both Australian stocks and Hang Seng Index slightly advanced with 0.8 percent and 0.5 percent respectively.
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