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Sunday, March 8, 2020

Oil plunges about 30% after Saudi Arabia slashes prices, opens taps

Oil fell by the most since 1991 on Monday after Saudi Arabia started a price war with Russia by slashing its selling prices and pledging to unleash its pent-up supply onto a market reeling from falling demand because of the coronavirus outbreak.


from Reuters: Business News https://ift.tt/3cIdqeE

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