Crude prices hit a 2½-year low on March 6 as two of the world’s biggest oil producers failed to reach an agreement on how to balance global supply in the face of the coronavirus’s devastating effect on demand.
Wall Street Journal: Saudi-Russian split sends oil prices sharply lower
A car drives in front of the OPEC office building during the 178th meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna, Austria, on March 6, 2020.