A new “Black Monday”—oil and stocks plunge amid coronavirus concerns

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On the new “Black Monday”, oil prices crashed, stocks slumped and trading was halted on Wall Street. chowardchoward and our Buttonwood columnist explain what sparked the crude oil price war in “Money Talks”

from a new “Black Monday” which saw oil prices tumble and stocks plunge in the most brutal day for the market since the global financial crisis of 2007-2009.

Slumping demand caused by the spread of the novel coronavirus has sparked a crude-oil price war. What are the ramifications? And, how the virus is boosting a

 

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