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Oil prices nosedive

by LLB Editor
9th Mar 20 8:05 am

Oil prices crashed in Asia on Monday by around 30% in what analysts are calling the start of a price war.

Top oil exporter Saudi Arabia slashed its oil prices at the weekend after it failed to convince Russia on Friday to back sharp production cuts

The benchmark Brent oil futures plunged to a low of $31.02 a barrel on Monday, in volatile energy markets.

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