Oil prices tank 4% in coronavirus-fuelled rout

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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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243.05M
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Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,230.00 64,350.00
62,690.00
-1155.00
-1.79%
BRENT CRUDE 85.73 85.98
83.71
1.50
1.78%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-0.15
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ROTTERDAM COAL MONTHLY 118.60 0.00
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USD RBD PALM OLEIN 1,135.00 1,135.00
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0.00
0.00%
CRUDE OIL - WTI 79.91 80.09
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2.08%
SUGAR #11 WORLD 14.65 14.68
14.39
0.21
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