Oil down 20%, set for largest 1-day plunge since 1991 Gulf War on fears of global price war
March 09, 2020 at 06:53 AM EDT
Oil futures plunge Monday, on track for the biggest one-day drop since 1991 as OPEC and Russia appear headed for an all-out price war — shaking a market already reeling from the demand shock created by global spread of COVID-19.