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Oil prices skid 2%, extending slide as China virus spreads
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[ad_1] TOKYO (Reuters) - Oil prices slumped a further 2% to multi-month lows on Monday as the rising number of cases of the new China virus and city lockdowns deepened concerns about demand for crude, even as Saudi Arabia's energy minister sought to calm the market. Brent crude <LCOc1> fell by $1.12 a barrel, or 1.9%,
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[ad_1] TOKYO (Reuters) - Oil prices slumped a further 2% to multi-month lows on Monday as the rising number of cases of the new China virus and city lockdowns deepened concerns about demand for crude, even as Saudi Arabia's energy minister sought to calm the market. Brent crude <LCOc1> fell by $1.12 a barrel, or 1.9%,
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