The oil crash on March 9th 2020 sparked the ‘Black Monday’ meltdown on the stock market. Oil took a steep plunge to 27 dollars per barrel triggered by Saudi Arabia in response to Russia’s refusal to reduce oil production.
Will oil keep dropping? How will this affect OPEC countries? Is this necessarily a positive for importing countries? A look at the future of oil production and the survival of OPEC.
Hello from Amman – Jordan, my name is Osama Abdullah. I have a B.A degree in Computer Science (Programming) but my work experience since graduating in 2006 has been in sales, marketing and operations management in the finance world. It has since become apparent to me that knowledge of finance, banking and business is no longer exclusive, as in the past, to those specialized in those fields; instead, and nowadays, it has become a must for each and every single one of us no matter what the specialty, major or interest simply because of the direct effect it, along with the technology revolution, has on our daily lives. Please join me in trying to read and survive the current events, maybe even convert them into personal gain