European stocks dropped on Monday by the most since the U.K. voted to leave the European Union, after Saudi Arabia started a price war and Italy locked down a key region.
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Oil crashes after Saudi Arabia starts price war amid slumping demandOil prices plunge more than 30% after Saudi Arabia opened the taps in a price war with Russia. More here:
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Saudi Arabia cuts off travel over virus as markets tumbleThe drop came as global oil prices suffered their worst losses since the start of the 1991 Gulf War.
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Saudi Arabia cuts off travel over virus as markets tumbleThe state oil giant Saudi Aramco has seen its shares drop by 10% as Riyadh stock market opens, halting trading. The drop came as global oil prices suffered their worst losses since the start of the 1991 Gulf War.
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Oil Prices, Stocks Plunge After Saudi Arabia Stuns World With Massive DiscountsSaudi Arabia has announced a stunning discount in oil prices — of $6 to $8 per barrel — to its customers in Asia, the U.S. and Europe. Paired with its ability to rapidly increase production, those price cuts will push the price of oil down for everyone.
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Column: As Saudi Arabia blows up crude oil market, stand by for fallout - RussellSaudi Arabia has detonated a metaphorical nuclear weapon in the global oil marke...
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Saudi Arabia suspends travel to 9 nations, closes many public placesSaudi Arabia's measures to halt spread of coronavirus: - Suspends travel to 9 countries - Closes all educational institutes - Access to public places throttled - Postpones Saudi Games - Qatif province on lockdown Read more:
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