Oil prices tank 4% in coronavirus-fuelled rout
MG News | February 28, 2020 at 03:15 PM GMT+05:00
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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| 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 | 77,255.00 | 77,650.00 76,820.00 | 285.00 0.37% |
| BRENT CRUDE | 113.40 | 114.29 111.03 | 2.60 2.35% |
| RICHARDS BAY COAL MONTHLY | 134.00 | 134.00 134.00 | 3.00 2.29% |
| ROTTERDAM COAL MONTHLY | 148.05 | 148.05 145.60 | 4.10 2.85% |
| 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% |
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