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Tag: opec

Oil Just Had Its Worst Day Since 1991
March 9, 2020 Sophia Vida
Energy & Solar

Oil Just Had Its Worst Day Since 1991

Oil plummeted to multi-year lows on Monday, seeing its worst day since 1991. Oil prices dropped 24% as Wall Street digested OPEC failing to strike a deal last week with its allies, led by Russia, over production costs. After the failed deal, Saudi Arabia cut its oil prices as it reportedly is looking to ramp … Continue reading “Oil Just Had Its Worst Day Since 1991”

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