2020 Russia–Saudi Arabia oil price war
id:
2020-russia-saudi-arabia-oil-price-war-215-782345
title:
2020 Russia–Saudi Arabia oil price war
text:
On 8 March 2020, Saudi Arabia initiated a price war on oil with Russia, which facilitated a 65% quarterly fall in the price of oil. The price war was triggered by a break-up in dialogue between the Organization of the Petroleum Exporting Countries (OPEC) and Russia over proposed oil-production cuts in the midst of the COVID-19 pandemic. Russia walked out of the agreement, leading to the fall of the OPEC+ alliance. Prior to the beginning of the price war, oil prices had already fallen 30% since t
brand slug:
wiki
category slug:
encyclopedia
description:
2020 oil price war between Russia and Saudi Arabia
original url:
https://en.wikipedia.org/wiki/2020_Russia%E2%80%93Saudi_Arabia_oil_price_war
date created:
2020-03-10T23:46:40Z
date modified:
2024-09-12T17:58:30Z
main entity:
{"identifier":"Q87496123","url":"https://www.wikidata.org/entity/Q87496123"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/en/f/f3/Flag_of_Russia.svg","width":900,"height":600}
fields total:
13
integrity:
16