Saudi Arabia starts oil price war over the weekend, Brent crude futures open sharply lower and now fall more than 20%

Saudi Arabia started an oil price war over the weekend. Brent crude oil futures jumped sharply and opened lower this morning. As of now, Brent crude oil is reported at 36.072 US dollars, a decline of 20.32%; WTI crude oil is reported at 32.8 US dollars, a decline of 20.54%.