ALBAWABA - Oil prices surged by 6 percent, hours after surprise production cut announced by several of the world's largest exporters. In Washington, the White House was quick to react to the planned production cut by OPEC+ oil producing members, saying the decision was "ill-advised" under the current market conditions. The White House said the OPEC+ decision to cut oil production by 1 million barrels a day was ill-advised under ...