Oil price plummets around 31 $ - Second-largest decline on record
Oil price plummets around 31 $ - Second-largest decline on record
11:42, 09.03.2020

The oil price has plummeted around 31 dollars worldwide after the conflict inside the OPEC+ alliance triggered disagreement on prices between Saudi Arabia and Russia.

Foreign media said this is the second-largest decline after the Gulf War in 1991.

Goldman Sachs Group Inc. stated that prices could drop to near $20 a barrel.

Bloomberg said a sharp drop in prices will hit oil-dependent countries and could lead to a change in global policy.





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