Source: https://www.washingtonpost.com/climate-environment/oil-price-war-threatens-widespread-collateral-damage/2020/03/09/3e42c9e2-6207-11ea-acca-80c22bbee96f_story.html
Oil Prices’
Pre-Pandemic Struggle
25 percent,
In March 2020, a dispute over supply between Saudi Arabia and Russia sent oil prices crashing
their biggest one-day drop in almost
30 years.