Crude oil plunges 30%, biggest drop since 1991, after Saudi slashes prices

Saudi Arabia, the world’s biggest oil exporter, is attempting to punish Russia, the world’s second-largest producer, for balking on Friday at production cuts proposed by the Organization of the Petroleum Exporting Countries (OPEC).

from Hindustan Times - topnews http://bit.ly/2Iy2gLH
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