\n","articleSection":"Breakingviews","creator":["Jennifer Saba, Antony Currie"],"keywords":[["US","OIL","OPEC","BREAKINGVIEWS","Asia / Pacific","Reuters Breakingviews","Reuters Breakingviews Full","Commentaries","Company News","China (PRC)","Debt / Fixed Income Markets","Epidemics","Europe","India","Infectious Diseases","Japan","Middle East","Market Events","Oil & Gas (TRBC level 3)","Organization of the Petroleum Exporting Countries","Reports","Russia","Saudi Arabia","Reuters Top News","United States","Exclude story from DNP","Exclude story from PCO","Exclude story from PMF","Exclude story from RNP"]],"about":"Article"}Breakingviews - Viewsroom: Oil shock | Reuters

Breakingviews - Viewsroom: Oil shock

NEW YORK (Reuters Breakingviews) - A major rift between Saudi Arabia and Russia has sent oil prices plummeting just as the Covid-19 outbreak saps demand. The fallout is pummeling U.S. shale producers and calling traditional energy-security concepts into question. Plus, market fallout in Japan, China and India.


Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

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