Oil prices tank 4% in coronavirus-fuelled rout
MG News | February 28, 2020 at 03:15 PM GMT+05:00
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February 28, 2020: Oil prices dived four percent on Friday to trade at their lowest levels for more than a year, as the coronavirus crisis continued to spark panic over crude demand.
In morning deals, Brent oil for April delivery sank as low as $50.05 per barrel, while New York's WTI crude for the same month tumbled to a trough of $44.95.
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| KSE100 | 138,788.46 119.75M | 0.09% 122.97 |
| ALLSHR | 85,570.11 301.22M | -0.15% -129.39 |
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| BKTi | 38,243.13 10.00M | -0.47% -179.85 |
| OGTi | 27,554.34 3.52M | -0.59% -163.92 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 120,255.00 | 121,165.00 119,315.00 | 965.00 0.81% |
| BRENT CRUDE | 69.84 | 70.30 69.41 | 0.32 0.46% |
| RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 0.95 0.99% |
| ROTTERDAM COAL MONTHLY | 105.00 | 0.00 0.00 | 0.20 0.19% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 66.57 | 66.98 66.12 | 0.19 0.29% |
| SUGAR #11 WORLD | 16.75 | 16.88 16.54 | 0.19 1.15% |
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