Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

WTI oil price slides to lowest in 17 years

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March 18, 2020: Benchmark WTI oil slumped to the lowest level since 2003 to just above $25 per barrel as the coronavirus slashes global demand for crude.

WTI slid to $25.08 per barrel at one point before recovering slightly to trade at $25.55, down 5.19 percent on Tuesday's close. Brent North Sea oil was down 3.0 percent at $27.88 per barrel.

AFP/APP

Posted on: 2020-03-18T16:07:00+05:00

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