Oil prices jump almost 4%, reversing early losses
MG News | March 13, 2020 at 02:22 PM GMT+05:00
March 13, 2020: Oil prices jumped almost four percent in Asian afternoon trade Friday, reversing earlier losses sparked by the Saudi-Russia price war and fears about the economic impact of the coronavirus pandemic.
West Texas Intermediate was up 3.9 percent at nearly $33 a barrel while Brent crude rose 3.7 percent to more than $34 a barrel, after the US military launched air strikes in crude-rich Iraq. Both contracts had fallen more than two percent in early trade.
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| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,410.00 | 64,025.00 62,835.00 | -265.00 -0.42% |
| BRENT CRUDE | 89.48 | 89.90 85.80 | -0.90 -1.00% |
| RICHARDS BAY COAL MONTHLY | 123.00 | 0.00 0.00 | 1.10 0.90% |
| ROTTERDAM COAL MONTHLY | 131.00 | 131.00 130.00 | -1.75 -1.32% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 86.82 | 87.23 83.20 | -0.89 -1.01% |
| SUGAR #11 WORLD | 13.94 | 13.97 13.68 | 0.15 1.09% |
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