Mexican President Andres Manuel Lopez Obrador on Saturday called on Russia and Saudi Arabia to reach a deal soon and end their oil price war to avoid deepening the oil price crisis. Mexico and others have seen the prices for their crude exports battered in recent weeks after the fallout from the new coronavirus eroded demand and major oil producers could not agree on how to respond. “How can Russia and Saudi Arabia not come to an agreement in order to stop oil price declines that are further deepening the crisis?” Lopez Obrador asked. …read more
Source:: Yahoo Finance
