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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| Symbol | Bid/Ask | High/Low |
|---|
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| BITCOIN FUTURES | 71,795.00 | 73,440.00 71,775.00 | -495.00 -0.68% |
| BRENT CRUDE | 96.63 | 97.08 96.60 | 0.71 0.74% |
| RICHARDS BAY COAL MONTHLY | 105.00 | 105.00 105.00 | -0.40 -0.38% |
| ROTTERDAM COAL MONTHLY | 105.70 | 110.00 105.70 | -1.95 -1.81% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 98.37 | 99.20 98.02 | 0.50 0.51% |
| SUGAR #11 WORLD | 13.95 | 14.30 13.90 | -0.28 -1.97% |
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