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WTI oil price slides to lowest in 17 years

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AFP London
Last Updated : Mar 18 2020 | 4:10 PM IST

Benchmark WTI oil slumped to the lowest level since 2003 to just above USD 25 per barrel as the coronavirus slashes global demand for crude.

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

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First Published: Mar 18 2020 | 4:10 PM IST

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