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.
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.
Source: Agence France Presse
| Copyright © 2012 Naharnet.com. All Rights Reserved. | https://www.naharnet.com/stories/en/269616 |