Saudi Arabia oil price | Zee News

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Saudi Arabia oil price News

10 Mar 2020

Crude oil prices jump up by 11 percent after observing biggest fall on Monday

Energy markets went into a free fall on Monday with oil prices across variants plunging around 30 per cent, the biggest fall since the 1991 Gulf War. The slide comes after Saudi Arabia shocked the market by launching a price war after no consensus was arrived between OPEC and Russia to cut crude oil production as part of market stabilisation exercise.

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