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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
4 mins to read

Oil price plummet slams international markets overnight

Fallout from Saudi Arabia-Russia trade war rattles the world as US trading temporarily suspended.

Andrew Bevin Tue, 10 Mar 2020

The price war between Saudi and Russian crude oil producers compounding on the coronavirus threat sent international markets into a spin overnight.

US trading was halted shortly after opening as the S&P500 fell 7%, enough to trigger a 15-minute suspension put in place to prevent the Black Monday

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Andrew Bevin Tue, 10 Mar 2020
Contact the Writer: andrew@nbr.co.nz
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Oil price plummet slams international markets overnight
General Business,
82840
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