Oil prices fall as US economic package crashes

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

Add Mettisglobal as a Trusted Source on Google

0:00

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

Oil holds above $112 amid Houthi attacks, supply fears

Asian markets mixed, tech stocks tumble on US earnings misses

JETOUR puts T2, G700 through tough off-road tests

Name	Price/Vol	%Chg/NChg
KSE100	166,409.25 235.53M	-0.47% -784.19
ALLSHR	100,707.78 824.63M	-0.45% -457.17
KSE30	49,026.65 68.91M	-0.60% -294.03
KMI30	237,971.74 66.09M	-0.41% -986.42
KMIALLSHR	65,023.98 327.90M	-0.48% -312.08
BKTi	45,944.24 13.97M	-0.74% -340.31
OGTi	33,648.58 5.44M	-0.37% -124.48

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,505.00	77,650.00 76,820.00	535.00 0.70%
BRENT CRUDE	113.40	114.29 111.03	2.60 2.35%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	-1.10 -0.85%
ROTTERDAM COAL MONTHLY	145.70	0.00 0.00	0.85 0.59%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	102.95	104.99 102.43	0.95 0.93%
SUGAR #11 WORLD	19.37	19.58 19.21	-0.10 -0.51%