China is the world's largest importer of oil, and COVID-19 has led to a sharp drop in its demand for crude. That means bad news for Saudi Arabia, which needs high oil prices.
"oil" - Google News
March 01, 2020 at 07:41PM
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Oil Prices Plummet As Coronavirus Outbreak, Quarantines Soften China's Demand - NPR
"oil" - Google News
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