WTI oil price hits lowest level for 18 years

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

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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320.00M
1.59%
2696.30
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888.16M
1.29%
1323.37
KSE30 51,428.16
185.27M
1.65%
836.84
KMI30 246,743.08
136.63M
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Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,635.00 64,025.00
62,835.00
-40.00
-0.06%
BRENT CRUDE 89.21 89.90
85.80
-1.17
-1.29%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
1.10
0.90%
ROTTERDAM COAL MONTHLY 131.00 131.00
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USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 86.39 87.23
83.20
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-1.51%
SUGAR #11 WORLD 13.92 13.97
13.68
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