A little bit and all going through it is when they believe they were alive. Hello there you watching r. T. International where its just gone 4 oclock in the afternoon here in moscow now World Oil Stocks are taking a major hit today following the failure of crude producing countries to agree to production cuts as demand for oil falls amid fears about the coronavirus saudi arabia has now said it will increase and lets discuss this a bit further than i would on quarter hes following the story for us dont just run through then the latest developments brings up to speed on whats been happening today well indeed the markets have been taking a big dive since mondays opening asias markets have been taking a plunge european and american futures are in freefall and oil prices have actually seen their biggest drop since the 1st gulf war in 1901 so not good news not good news. Just line then i would say so will happen because its been a sequence of events isnt yeah absolutely it all started last w
Who are all going through illegal lives. Hello theyre just gone 5 oclock here in moscow you without international our top story this hour World Oil Stocks are taking a major hit today following the failure of crude producing countries to agree production cuts as demand for oil fulsom it fears about the coronavirus saudi arabia says it will now actually increase output in a dispute with russia so lets get the details on this one quarter joins us in the studio for more on just bring us up to speed then on the latest developments while indeed the markets in short are just going way down since mondays opening Global Markets have taken a huge plunge the price of oil has seen its biggest drop since the 1st gulf war in 1901 and wall street futures are really in freefall right now i me. They even had to be trading of them had to be closed early today this was the 1st time this has happened since 2016 so not a not at all good news at all down to this plummet in the price of oil this is basicall
Am calling for the end of life all go into israel and the relief to their lives. Good evening just gone 6 here in moscow youre watching r. T. International our top story this hour World Oil Stocks are taking a major hit today following the failure of crude producing countries through agree to production cuts as demand for oil falls a myth is about the coronavirus saudi arabia says it will increase output after a dispute with russia on quarter as more details since mondays opening Global Markets have taken a huge plunge the price of oil has seen its biggest drop since the 1st gulf war in 1901 and wall street futures are really in freefall right now i mean the trading of them had to be closed early today this was the 1st time this has happened since 2016 it all started last week last friday when opec held a meeting with the. Russia to discuss an agreement about potentially lowering Global Oil Production by 1500000 barrels a day now that was amidst a big drop in Global Demand linked to th
International oil stocks are taking a major hit today following the failure of crude producing countries to agree to production cuts as demand for oil falls amid fears about the coronavirus saudi arabia does say it will increase output after a dispute with russia so lets get the latest now from markets kind of mark and he joins us. Its been a shocking day hasnt it for the markets just bring us up today its about whats happening. Well its a somber atmosphere here on wall street in the New York Stock Exchange theyre already calling it black monday at this point futures trading has been stopped for the 1st time in 4 years and this is actually the biggest drop on wall street that weve seen since the 2008 financial crisis now Oil Prices Went down by roughly 30 percent there a big drop in oil prices apparently the issue seems to be that the opec negotiations were taking place and saudi arabia. Was putting forward the idea that a cap should be placed on production to deal with the slipping de
A very warm welcome to the program from all of us here at r t h q in moscow thanks for joining us this hour. World oil stocks are taking a major hit following the failure of crude producing countries to agree to production cuts as a man for oil falls amid fears about the coronavirus saudi arabia says it will increase output after a dispute with russia with more here is are to scale up. Quite a somber atmosphere here on wall street they are already calling it black monday we saw a 15 minute free on futures trading when the stock market opened big dramatic plunge on the stock market the biggest drop weve seen since the 2008 financial crisis and on top of all of that weve got an Oil Price Drop 30 percent decline in the price of oil a plunge in the price of oil the biggest drop weve ever seen in oil cents in 1901 and at this point its being traced back essentially to the negotiations with opec saudi arabia has come forward and called for a decrease in Oil Production due to limited demand a