France’s finance minister on Monday called on Saudi Arabia to coordinate on oil prices to avoid economic disruption for other countries. Oil prices plunged more than 30 per cent on Monday, dragging financial markets down in their wake, as Saudi Arabia opened the taps in a price war with Russia. ...
Gulf stock markets dived in early trade on Monday, extending their losses from the previous session amid falling oil prices after Saudi Arabia opened the taps in a price war with Russia. Saudi Arabia slashed its official selling price (OSP) for crude for April and plans to raise its production ...