Oil prices fall as US economic package crashes

News Image

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

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

Name Price/Vol %Chg/NChg
KSE100 168,412.23
592.49M
-0.64%
-1085.12
ALLSHR 100,841.15
1,186.30M
-0.49%
-498.14
KSE30 50,990.49
119.02M
-0.81%
-418.65
KMI30 241,834.15
330.82M
-0.57%
-1391.56
KMIALLSHR 65,320.38
781.20M
-0.50%
-328.34
BKTi 47,340.81
74.99M
-0.96%
-458.37
OGTi 34,939.95
5.93M
-0.69%
-243.35
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,680.00 76,825.00
76,510.00
20.00
0.03%
BRENT CRUDE 110.78 110.80
110.58
-0.48
-0.43%
RICHARDS BAY COAL MONTHLY 109.50 110.00
109.00
2.40
2.24%
ROTTERDAM COAL MONTHLY 104.75 106.75
104.75
0.45
0.43%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 99.13 99.75
99.01
-0.80
-0.80%
SUGAR #11 WORLD 14.24 14.30
13.98
0.27
1.93%

Chart of the Day


Latest News
April 29, 2026 at 05:31 AM GMT+05:00

Govt scraps solar licensing rules for small consumers


April 28, 2026 at 07:54 PM GMT+05:00

SBP rejects all bids in fixed-rate PIB auction


April 28, 2026 at 05:57 PM GMT+05:00

UAE walks away from OPEC amid energy turmoil


April 28, 2026 at 05:30 PM GMT+05:00

CNERGY Delivers Massive Turnaround, Hits Rs17.1bn Profit


April 28, 2026 at 05:19 PM GMT+05:00

Packages Limited delivers 5.7x profit surge



Top 5 things to watch in this week

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