Oil Extends Collapse Below $50 With Russia and OPEC Squaring Off
An oil pumping jack, also known as a ‘nodding donkey,’ operates in an oil field at the oil and gas field processing and drilling site operated by Ukrnafta PJSC in Boryslav, Lviv region, Ukraine. (Photographer: Vincent Mundy/Bloomberg)

Oil Extends Collapse Below $50 With Russia and OPEC Squaring Off

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(Bloomberg) -- Oil extended its slide from the lowest close in more than two years as investors wait for a Russian response to OPEC’s plan for deeper and longer cuts to offset the demand destructio...
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