Saudi Arabia’s economy is on a contraction after global oil prices fell below $20, further straining the gulf country’s economy that has been hard-hit by lockdown since the COVID-19 outbreak started, OYOGist.com has learnt.
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Oil Price
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EconomyInternational
BREAKING: Confusion as US Oil prices drop below $0 for the first time in history
For the first time in history, US Oil Prices have dropped below $0 per barrel after demand for the product dried up due to the COVID-19 outbreak that has seen most of the world go into lockdown, OYOGist.com reports.