Oil slides as traders fret about how pandemic will affect demand
US West Texas Intermediate crude futures fall as far as $19.92, near an 18-year low hit earlier in March
30 March 2020 - 08:16
Melbourne/Tokyo — Crude oil benchmarks fell sharply on Monday, with Brent hitting its lowest since November 2002, as the global coronavirus pandemic worsened and the Saudi Arabia-Russia price war showed no signs of abating.
Brent futures were down 6.7%, or $1.68, to $23.25 a barrel as of 4.49am, after earlier dropping to $23.03, the lowest since November 2002...
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