MASS LAYOFFS IN NORTH DAKOTA – TEXAS Too Little Too Late For Oil Cuts - Again Capital's John Kilduff explains why oil plunged at the close

John Kilduff, Again Capital founding partner, calls ‘Power Lunch’ to discuss oil plunging into the close and what’s behind the move.

John Kilduff, CNBC contributor specializing in energy trading, talks with about the dynamic between Saudi Arabia and Russia that has caused the price of oil to drop precipitously and clobbered a stock market already crippled by coronavirus concerns.