Global markets are plunging after the implosion of an alliance between OPEC and Russia caused the worst one-day crash in crude prices in nearly 30 years. Oil has since recovered some of its losses. Follow live updates.
From CNN Business' Matt Eganovernight after Saudi Arabia shocked the market by launching a price war against onetime ally Russiaof $27.34 a barrel as traders brace for Saudi Arabia to flood the market with crude in a bid to recapture market share.
Crude was recently trading down 27% to $30.04 a barrel. Brent crude, the global benchmark, plunged 26% to $33.49 a barrel. Both oil contracts are on track for their worst day since 1991, according to Refinitiv.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Live Updates: Millions in northern Italy under lockdown over coronavirus fears - CNN
Baca lebih lajut »
Coronavirus news and live updates: Outbreak continues to spread - CNNThe novel coronavirus has killed more than 3,500 people, and infected over 105,000, according to CNN's tally -- the majority in mainland China. View the latest news.
Baca lebih lajut »
'Saturday Night Live' recap: Craig, Daniel Craig (updating live)Welcome back, fellow Coneheads, to SNL in Review! Tonight’s host — second-timer Daniel Craig — was poised to promote the latest James Bond movie. However,…
Baca lebih lajut »
Mideast stock markets sharply drop on oil, coronavirus fearsDUBAI, United Arab Emirates (AP) — Stocks markets in the Mideast suffered sharp drops in early trading Sunday over fears about the new coronavirus and falling demand for crude oil amid a failure...
Baca lebih lajut »
Stock market crash: How coronavirus sell-off causes next credit crisis - Business Insider'Much worse than 2008': An expert who foresaw the dot-com crash warns the stock market's recent turmoil has kicked off another full-blown financial crisis
Baca lebih lajut »
Stock market week in review: Outlook mixed amid coronavirus volatility - Business InsiderSome experts blamed algorithmic trading for the wild price swings, while others looked to the past to find how where bearish sentiments could peak.
Baca lebih lajut »