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that after it was first our joe kernan coming on and saying that the president was looking at a 10 million barrel per day -- a cut in production from russia and saudi arabia, which the president then backed up in his own tweet. it's a little more nuanced than that, it may be, in terms of who is actually making moves on the production side, but you saw just an unbelievable move in the price of crude, which at the moment helped the overall market, as well. let me remind you, too we have our special tonight. i will see you again at 7:00 eastern this evening as we focus on the path forward for individual business owners here on cnbc. we have a great lineup for you the profit's marcus lemonis, sheryl sandberg, and kevin o'leary. i will see you at 7:00 tonight kelly evans picks it up now. >> scott, thanks he's been really working overtime covering these markets and this economy in turmoil. stocks are back in rally mode right now, led this time by a massive jump in oil. we're up currently 350, for some solid gains across the board right now. i mentioned crude. that is going to be the huge story o

we're up 24.5% right now all of this after the president tweeted and told our joe kernan that he expects and hopes that russia and saudi arabia will be cutting back approximately 10 to 15 million barrels of oil. now, we have several energy executives headed to the white house tomorrow, where sources tell cnbc they won't be lobbying for a direct bailout, but instead lobbying for relief from drilling on federal lands and other things for more on where the price of coil can go from here, i'm joined by dan yergin, author of the new book, "the new map and the clash of nations." brian sullivan is with us as well brian, let me start with you there have been a lot of headlines this morning, but what do we actually know? >> okay, kelly hi, dan. i have just been going back and forth, minutes ago, literally, with somebody inside of aramco to talk about this a little bit. and it's very clear that -- and not taking anything away from the president's tweet, because he was on the call and he knows what they said and i'm sure dan would agree with this, 10 to 15 million barrel a day cut is simply not pos