图片来源：英为财情The stock market in Kuwait suspended trading, and the index fell 10%.
Previously, the Saudi stock market opened down 7.15%, and Saudi Aramco's stock price fell 4.85%. At the opening of the market, it fell below the IPO price.
Photo Source: Yingwei Financial
Bilateral talks between Russia and OPEC countries failed to reach an agreement on OPEC's production reduction proposal. It is reported that Russia is already preparing for falling oil prices. It believes that deepening production cuts is not a solution. It favors maintaining the current level of production cuts. It is hoped that they will wait until June to decide whether to deepen the scale of production cuts. The OPEC representative said that the OPEC+ meeting ended and no agreement was reached.
Affected by this, crude oil closed down more than 10% on Friday. US WTI crude oil closed down 10.07%, or $4.62, to close at $41.28 per barrel, the lowest level since August 2016, and the biggest decline since 2014/11/28. Brent crude oil fell nearly 10% to an intraday low of $45.18 per barrel, the lowest price since June 2017.
Editor/richardli
Due to the huge market shock, we should be even more cautious. If individual investors are unsure, avoiding flying swords and choosing safe haven assets may be a good choice.
