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 | 155,384.51 274.67M | 0.61% 944.82 |
| ALLSHR | 95,133.57 856.28M | 0.49% 465.41 |
| KSE30 | 47,466.99 137.10M | 0.74% 347.09 |
| KMI30 | 227,645.22 99.71M | 0.67% 1519.50 |
| KMIALLSHR | 63,888.06 353.11M | 0.50% 319.01 |
| BKTi | 41,761.78 72.20M | 0.33% 138.95 |
| OGTi | 31,619.14 7.57M | 0.41% 130.35 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 115,325.00 | 117,240.00 114,940.00 | -1940.00 -1.65% |
| BRENT CRUDE | 67.08 | 67.52 66.78 | 0.09 0.13% |
| RICHARDS BAY COAL MONTHLY | 84.00 | 0.00 0.00 | -1.20 -1.41% |
| ROTTERDAM COAL MONTHLY | 93.00 | 0.00 0.00 | 0.05 0.05% |
| USD RBD PALM OLEIN | 1,106.50 | 1,106.50 1,106.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 62.85 | 63.24 62.52 | 0.16 0.26% |
| SUGAR #11 WORLD | 15.83 | 15.98 15.80 | 0.04 0.25% |
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