Oil plunges to lowest since 2017 after Russia rejects steep OPEC cut

March 6, 2020 admin Business News Comments Off on Oil plunges to lowest since 2017 after Russia rejects steep OPEC cut

Oil prices tanked more than 8% on Friday to their lowest levels since mid-2017 after Reuters reported that Russia balked at OPEC’s proposed steep production cuts to stabilize prices.

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Source:: Reuters – Business News