Oil prices plunge by a third as Saudi-Russian pump war looms

Oil prices lost as much as a third of their value on Monday in their biggest daily rout since the 1991 Gulf War as Saudi Arabia and Russia signalled they would hike output in a market already awash with crude after their three-year supply pact collapsed.

Source: https://www.reuters.com/article/us-global-oil/oil-prices-plunge-by-a-third-as-saudi-russian-pump-war-looms-idUSKBN20V131?feedType=RSS&feedName=topNews
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