The cost of oil plunged on Monday after Saudi Arabia slashed its prices and signalled it would ramp up production following a row over supply with Russia.
Brent crude prices, already low due to reduced demand from the coronavirus, tumbled by almost a third to $31 a barrel on Monday as Goldman Sachs told clients it could dip into the $20s. The crash is the largest since 1991 and will have global economic as well...
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