Oil surges as producers trim output to respond to demand loss
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TOKYO (Reuters) - Oil surged on Thursday amid signs that producers are cutting production to weather a collapse in demand as the coronavirus outbreak ravages world economies, while the U.S. state of Oklahoma also moved to help oil firms pump less.Analysts warned the rise could be temporary as storage tanks fill around the world, but prices recovered ground as investors reassessed the resiliance of the world's economy amid the global health emergency.Brent crude was up 99 cents, or 15%, at..