Oil prices have fallen 10% as coronavirus raises fears for global growth

China’s coronavirus outbreak has rattled oil markets, sending prices sharply lower as investors worry that efforts to prevent it spreading will harm the country’s economy and reduce demand for crude. Brent crude futures traded around 3 per cent lower on Monday at $58.88 a barrel, their lowest level since October. US crude futures were down roughly 3 per cent … Continue reading Oil prices have fallen 10% as coronavirus raises fears for global growth