Oil plunges over 20% after Saudi Arabia slashes prices on OPEC deal collapse

March 9, 2020 admin Business News Comments Off on Oil plunges over 20% after Saudi Arabia slashes prices on OPEC deal collapse

Oil futures suffered their biggest daily loss since 1991 on Sunday after Saudi Arabia slashed its official selling price (OSP) and announced plans to raise crude production significantly, signaling the start of a price war.

…read more

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News