Oil Prices Tank 4.0% In Coronavirus-fuelled Rout

Sumaira FH Published February 28, 2020 | 03:47 PM

Oil prices tank 4.0% in coronavirus-fuelled rout

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

London, (UrduPoint / Pakistan Point News - 28th Feb, 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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