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Oil crashes by most since 1991 as Saudi Arabia launches price war

Name: Oil crashes by most since 1991 as Saudi Arabia launches price war
Uploaded: 2020-03-09T12:24:11-07:00
Channel: NBC Palm Springs
Description: (CNN) — Oil prices suffered an historic collapse Monday after Saudi Arabia shocked the market by launching a price war against onetime ally Russia. US oil prices crashed as much as 34% to a four-year low of $27.34 a barrel as traders brace for Saudi Arabia to flood the market with crude in a bid to recapture market […]

By: NBC Palm Springs

March 9, 2020

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