The #oil market has opened with Brent and WTI plunging more than 30% immediately, the largest one-day drop since Jan 17, 1991 (the start of the Gulf War). Although they are both a bit higher now, still down more than 20% now (after a 10% drop on Friday) #OOTTpic.twitter.com/aXlTFHklPw
— Strategic Sentinel (@StratSentinel) March 9, 2020
#ARAMCO closed the second it opened. Now -10% after yesterday's -9%. Market cap now $1.44T. It's off by some $560B from wishful thinking. The Riyadh Tawadul (TASI) index is down -9%. Little has been done to diversify the economy away from oil. A @tradingview chart #OOTTpic.twitter.com/rFZOgjjpvS