Brent was at only 22 USD a barrel, hammering petro currencies such as Russia’s rouble, Mexico’s peso, and the Indonesian rupiah by as much as 2%.
Brent futures were down 8%, or 2 USD, at 22.50 USD a barrel - their lowest for 18 years. U.S. West Texas Intermediate (WTI) crude futures fell as far as 19.92 USD, near a 2002 low hit this month.
In the FX land, the greenback was bid today and was seen 1% higher against the euro, 0.4% stronger against the pound and flat against the yen.
US stocks continued their ride higher and indices were 2-3% stronger, despite the coronavirus outbreak getting worse in the EU, but especially in the US now.