Oil slumps further as China virus spreadsCrude prices fell more than 2% to multi-month lows on Monday as the rising number of cases of the new coronavirus in China and city lockdowns there deepened concerns over oil demand.
from Reuters: Business News https://i…Read More
Stocks, oil hit by China virus fears, safe havens gainWorld shares fell to their lowest in two weeks on Monday as worries grew about the economic impact of China's spreading coronavirus with demand spiking for safe-haven assets such as Japanese yen and Treasury notes.
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Oil drops below $60 as China virus drives demand concernCrude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the death toll from China's coronavirus rose and more businesses were forced to shut down, stoking expectations of slow…Read More
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