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Friday, March 13, 2020

Saudi Arabia-Russia oil price war pushes industry to tipping point

The Washington Times
MORNING EDITION
Friday, March 13, 2020
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A street performer sits alone at Fisherman's Wharf in San Francisco, Thursday, March 12, 2020. California Gov. Gavin Newsom said Thursday that sweeping guidance for Californians to avoid unnecessary gatherings to avoid the spread of the new coronavirus will likely extend beyond March. The statewide guidance applies to sporting events, concerts and even smaller social gatherings in places where people can't remain at least 6 feet (2 meters) apart. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (AP Photo/Jeff Chiu)
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Saudi Arabia-Russia oil price war pushes industry to tipping point
A man stands at an exchange office screen showing the currency exchange rates of U.S. Dollar and Euro to Russian Rubles in Moscow, Russia, Tuesday, March 10, 2020. Oil prices are plunging after Saudi Arabia started a price war against Russia. The Saudis tried to get the Russians to cut oil production to keep prices from falling even more due to the coronavirus. (AP Photo/Pavel Golovkin)
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