2020 Russia–Saudi Arabia oil price war

GPTKB entity

Predicate	Object
gptkbp:instanceOf	oil price war economic conflict
gptkbp:affectedArea	gptkb:Canada gptkb:Iran gptkb:Iraq gptkb:Norway gptkb:Russia gptkb:Saudi_Arabia gptkb:United_States
gptkbp:affectedIndustry	gptkb:oil
gptkbp:agreementReached	2020-04-12
gptkbp:cause	disagreement over oil production cuts
gptkbp:endDate	2020-04-12
gptkbp:followedBy	gptkb:2022_Russian_invasion_of_Ukraine_energy_crisis
https://www.w3.org/2000/01/rdf-schema#label	2020 Russia–Saudi Arabia oil price war
gptkbp:location	global
gptkbp:mediaCoverage	global
gptkbp:notableEvent	oil prices fell below zero in April 2020
gptkbp:participants	gptkb:OPEC gptkb:Russia gptkb:Saudi_Arabia gptkb:United_States
gptkbp:precededBy	gptkb:2014–2016_oil_glut
gptkbp:relatedTo	gptkb:COVID-19_pandemic OPEC+
gptkbp:resultedIn	global economic impact oil market volatility sharp drop in oil prices
gptkbp:startDate	2020-03-08
gptkbp:triggeredBy	breakdown of OPEC+ negotiations
gptkbp:type	oil production cuts
gptkbp:bfsParent	gptkb:COVID-19_oil_price_crash gptkb:Black_Monday_(9_March_2020)
gptkbp:bfsLayer	6