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.
Brent crude futures fell by as much as $14.25, or 31.5%, to $31.02 a barrel. That was the...
Oil prices fall to $31 as Saudi Arabia triggers price war with Russia - TNG