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Oil plunges 25%, hit by erupting Saudi-Russia oil price war


Demand for oil has flowed worldwide because of the growing coronavirus crisis OPEC nations tried to make a deal to cut production in order to prop up prices but it fell through sparking a price war I'm gonna call it sort of a trade war between Russia and Saudi Arabia the two largest powers in oil fighting is not good investors are already on edge about the impact of the corona virus outbreak on the global economy many are seeking shelter in the safety of the bond market pushing yields to new

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Oil plunges 25%, hit by erupting Saudi-Russia oil price war

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