Oil prices plunge by 20% after the OPEC-Russia split

Crude oil prices plunged more than 20% in the first few days of trading on Monday after OPEC and Russia broke off negotiations to try to cut supply by 1.5 million barrels to contain the fall in prices due to the coronavirus. The price of Brent in Europe, as well as that of Texas in the United States, fell to around 35 dollars.

Source: Eju.tv