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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| 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 |
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| 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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