Oil prices fall as US economic package crashes

News Image

MG News | March 23, 2020 at 11:24 AM GMT+05:00

March 23, 2020: Oil prices fell heavily at the open in Asia on Monday after a trillion-dollar Senate proposal to help the coronavirus-hit American economy was defeated and death tolls soared across Europe and the US.

US benchmark West Texas Intermediate was down 2.5 percent at $22 a barrel while Brent crude, the international benchmark, fell 4.9 percent to $25 a barrel.

 

AFP/APP

Related News

Name Price/Vol %Chg/NChg
KSE100 182,241.78
412.98M
0.54%
982.10
ALLSHR 110,583.67
943.78M
0.59%
653.91
KSE30 54,431.71
88.75M
0.62%
333.09
KMI30 256,914.21
109.86M
0.51%
1306.68
KMIALLSHR 71,041.31
586.34M
0.56%
392.65
BKTi 51,712.76
42.20M
1.08%
554.64
OGTi 36,659.58
6.31M
0.32%
116.76
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,075.00 64,915.00
63,070.00
690.00
1.09%
BRENT CRUDE 75.89 77.52
75.30
-0.41
-0.54%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-2.20
-2.04%
ROTTERDAM COAL MONTHLY 118.00 118.00
117.60
-1.20
-1.01%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 71.30 73.16
70.77
-0.78
-1.08%
SUGAR #11 WORLD 14.86 15.14
14.71
-0.26
-1.72%

Chart of the Day


Latest News
July 10, 2026 at 05:13 PM GMT+05:00

HTL unveils major corporate shake-up


July 10, 2026 at 05:03 PM GMT+05:00

PSX Closing Bell: Staying Alive


July 10, 2026 at 04:33 PM GMT+05:00

SNGP clarifies IFRS exemption proposal still under review


July 10, 2026 at 03:56 PM GMT+05:00

PKR closes stronger at Rs278.05 against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg