Oil prices skid on demand concerns as virus spreads globally

Oil prices skid on demand concerns as virus spreads globally
Oil prices tumbled nearly 3% towards a one-week low on Monday as the rapid spread of the coronavirus in several countries outside China left investors fretting about a hit to demand. Global shares also extended losses as concerns about the impact of the new virus grew,
News story posted on 2020-02-24T03:45:00.0000000Z