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 | 81,275.00 | 81,575.00 81,095.00 | -180.00 -0.22% |
| BRENT CRUDE | 112.92 | 113.50 109.81 | 4.10 3.77% |
| RICHARDS BAY COAL MONTHLY | 128.50 | 0.00 0.00 | -1.55 -1.19% |
| ROTTERDAM COAL MONTHLY | 147.10 | 0.00 0.00 | 1.80 1.24% |
| USD RBD PALM OLEIN | 1,167.50 | 1,167.50 1,167.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 99.04 | 99.23 99.01 | -0.43 -0.43% |
| SUGAR #11 WORLD | 20.13 | 20.64 20.10 | -0.32 -1.56% |
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