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.
APP
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,195.35 48.07M | 0.88% 1491.75 |
| ALLSHR | 103,462.78 175.10M | 0.84% 858.25 |
| KSE30 | 51,036.67 27.25M | 0.88% 445.35 |
| KMI30 | 244,711.30 24.75M | 0.91% 2211.46 |
| KMIALLSHR | 67,117.72 90.41M | 0.76% 508.51 |
| BKTi | 46,570.80 6.03M | 0.80% 370.15 |
| OGTi | 35,110.56 1.16M | 0.64% 222.94 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,770.00 | 63,880.00 63,310.00 | 95.00 0.15% |
| BRENT CRUDE | 88.74 | 89.72 88.53 | -1.64 -1.81% |
| RICHARDS BAY COAL MONTHLY | 123.00 | 0.00 0.00 | 0.00 0.00% |
| ROTTERDAM COAL MONTHLY | 132.75 | 134.25 132.75 | -1.45 -1.08% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 86.24 | 86.98 85.13 | -1.47 -1.68% |
| SUGAR #11 WORLD | 13.81 | 14.02 13.77 | -0.11 -0.79% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Central Government Debt
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()