DUBAI / GULF TIME Reinforcing the UAE’s growing reputation as a global destination for world-class ...
Read More »Oil crashes 31% in worst loss since 1991 in price war
Bloomberg Oil crashed more than 30% after the breakup of the Opec+ alliance triggered an all-out price war, with both Russia and Saudi Arabia poised to flood the market with cheap oil. The former allies pledged swift retribution for the collapse of the cartel’s meeting last week, with the Gulf kingdom slashing its official crude prices and threatening record production, ...
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