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 |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 64,550.00 | 64,700.00 63,070.00 | 1165.00 1.84% |
| BRENT CRUDE | 76.23 | 76.85 75.36 | -0.07 -0.09% |
| RICHARDS BAY COAL MONTHLY | 105.75 | 0.00 0.00 | -2.20 -2.04% |
| ROTTERDAM COAL MONTHLY | 118.00 | 118.00 118.00 | -1.20 -1.01% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 72.02 | 72.56 71.16 | -0.06 -0.08% |
| SUGAR #11 WORLD | 14.92 | 15.14 14.92 | -0.20 -1.32% |
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