News18 » Videos » News18 Shorts

Oil Plummets 30% As Saudi Arabia Cuts Price After Failed OPEC Deal

Mar 09, 2020 10:29 AM IST iVideos iVideos
Share

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.