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'Punched in the face': Oil, stocks, bond yields, and bitcoin plunge after crude producers signal a brutal price war | Currency News | Financial and Business News | Markets InsiderOil, stocks, bond yields, and cryptocurrencies plunged on Monday. The sell-off was sparked by Russia's refusal to follow other oil producers in ... JeffTanchak19 The poor investors 😭😭😭😭
Source: BusinessInsider - 🏆 729. / 51 Read more »
World stocks sink on coronavirus shock, oil price crashGlobal share markets fall as panicked investors flee to the safety of bonds and the yen to hedge the economic trauma of the coronavirus, while oil plunges more than 30% after Saudi Arabia opens the taps in a price war with Russia Saudi Arabia's move, whether intended or not, will ease the global economic crisis by lowering cost of fuel while also collapsing the Russian economy because Russia can't compete with SA & ruble is heavily based on oil. It's a good move by KSAmofaEN - Russia, check! I'm going deeper underground, there's too much panic in this town Russia will be the loser here they wont be able to compete with the Saudis and a reduction in the price of oil will help to cushion some effects of the Virus for global industry
Source: Reuters - 🏆 2. / 97 Read more »
Oil stocks tumble across the board amid Saudi/Russia price war, energy ETF down 16%Shares of oil companies tumbled in premarket trade Monday, as crude prices fell 20% amid a price war between Russia and Saudi Arabia. The Energy Select SPDR...
Source: MarketWatch - 🏆 3. / 97 Read more »
Media Stocks Caught Up As Global Markets TumbleStock markets have fallen sharply around the world after Saudi Arabia launched an aggressive oil price war which caused oil prices to fall by almost a third. The UK’s FTSE 100 index plunged by over…
Source: Variety - 🏆 108. / 63 Read more »
Global stocks and oil prices plunge over global fight for crude productionGlobal stock markets and oil prices have plunged after a squabble among crude producers jolted investors who already were on edge about the rising costs of a virus outbreak Love to see it.
Source: latimes - 🏆 11. / 82 Read more »
Global stocks tumble as oil crashesStock futures were down again Sunday evening as the novel coronavirus outbreak continues to roil financial markets. How do you know this, when it's only SUNDAY? The time is so perfect to invade China.
Source: cnnbrk - 🏆 393. / 55 Read more »