Oil prices tank 4% in coronavirus-fuelled rout

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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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Name Price/Vol %Chg/NChg
KSE100 169,911.95
405.31M
0.83%
1392.01
ALLSHR 101,374.61
947.58M
1.04%
1046.92
KSE30 51,473.16
179.83M
1.09%
554.79
KMI30 246,056.32
173.35M
0.99%
2408.81
KMIALLSHR 66,195.48
466.66M
0.98%
640.12
BKTi 46,597.07
53.39M
0.51%
235.53
OGTi 35,201.74
24.03M
2.40%
825.30
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 75,075.00 75,310.00
74,940.00
-435.00
-0.58%
BRENT CRUDE 98.04 98.47
97.94
-1.35
-1.36%
RICHARDS BAY COAL MONTHLY 103.25 0.00
0.00
0.15
0.15%
ROTTERDAM COAL MONTHLY 103.50 0.00
0.00
0.35
0.34%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 89.78 90.21
89.57
-4.91
-5.19%
SUGAR #11 WORLD 13.67 13.77
13.55
0.16
1.18%

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