Coronavirus outbreak slashes global oil prices - TNG

Attack: Oil Prices Rebound as Saudi Recovery Continues


Coronavirus outbreak is causing havoc in the crude oil market. Prices tumbled more than 2% on Monday, with investors worried about a hit to demand as the virus spreads rapidly outside China.

Brent crude fell by $1.50 or 2.5% to $57.00 a barrel by 2332 GMT. U.S. crude futures fell by $1.26 or 2.3% to $52.12.

Concerns about the coronavirus grew on...

Coronavirus outbreak slashes global oil prices - TNG

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