March 9, 2020 in Indian Business News

Breakingviews TV: Oil be damned

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Crude prices have crashed over 20% to $35 a barrel after Saudi Arabia launched a no-holds-barred price war. At current levels, oil majors, shale players and Gulf states will all get squeezed, argues George Hay. Unless the coronavirus eases soon, their pain will be long-lasting.

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Republished. Link to Original Article: http://feeds.reuters.com/~r/reuters/INVideoBusiness/~3/9h2eTHG-NuM/breakingviews-tv-oil-be-damned

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