Macroeconomy/Finance

The oil price sank 25% and the YPF share price fell 27% to $2.57

Oil prices suffered another brutal blow on Wednesday and the WTI reference barrel for May delivery sank 24.4% to $20.37, it has fallen 56% in the last ten days. The international price of Brent dropped 13.4% or $3.85, to $24.88 a barrel. In this context, the shares of YPF, Argentina’s leading fuel company, fell 26.8% on Wall Street. Its price touched a historic low of $2.57 per share: in the month it fell 67.8%, and in the year, 77.8%.

Source: Ámbito

Categories: Macroeconomy/Finance