WTI oil price hits lowest level for 18 years

MG News | April 15, 2020 at 02:43 PM GMT+05:00

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April 16, 2020: The benchmark WTI oil contract extended its slide Wednesday, hitting the lowest level since 2002, with output cuts planned by producers seen as not enough to offset a coronavirus-fuelled slump in demand.

WTI tumbled to $19.20 per barrel, while Brent North Sea crude was down at $28.38.

AFP/APP

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Name	Price/Vol	%Chg/NChg
KSE100	178,952.94 227.61M	0.71% 1260.01
ALLSHR	108,235.31 414.81M	0.66% 707.92
KSE30	53,344.39 70.45M	0.61% 321.51
KMI30	256,124.45 73.08M	0.52% 1335.19
KMIALLSHR	70,392.98 299.26M	0.65% 455.84
BKTi	48,392.01 9.20M	0.89% 425.37
OGTi	36,939.58 2.45M	0.29% 105.92

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	62,720.00	63,045.00 62,390.00	355.00 0.57%
BRENT CRUDE	76.39	77.00 75.94	-0.69 -0.90%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	125.90	125.90 125.90	-0.15 -0.12%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	72.60	73.18 72.07	-0.61 -0.83%
SUGAR #11 WORLD	13.93	14.03 13.75	0.09 0.65%