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PX pressured by oil price rout
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PX pressured by oil price rout

Views:0     Author:Site Editor     Publish Time: 2020-03-31      Origin:Site

Crude oil plunged by more than 9% as OPEC+ deal failed Friday. Saudi Arabia announced on Saturday night to slash its official selling price (OSP) for April for all its crude grades to all destinations, which was considered as the start of price war. Brent crude futures slid more than 29% to $31.02/bbl Monday morning as Saudi Arabia vowed to step up production.



Daily Brent crude oil futures


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