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Monday, March 9, 2020

#Oil Crashes 31% in Worst Loss Since 1991 After Price War Erupts

After #Russia bails on OPEC+, #SaudiArabia pledges to increase production to 10MM bopd, Maybe even up to 12MM. 

Oil Crashes 31% in Worst Loss Since 1991 After Price War Erupts 

https://www.bloomberg.com/news/articles/2020-03-08/oil-in-freefall-after-saudis-slash-prices-in-all-out-crude-war

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