- Oil fell more than 20% from a high in January
- Brent crude fell to $54.23 a barrel, down 24 cents or 0.4%.
On Monday, oil prices fell amidst the coronavirus outbreak, also due to weaker Chinese oil demand. Also, traders are waiting to observe if Russia will be joining other oil producers to seek further oil output cuts.
Oil fell more than 20% from a high in Jan....
Tags : oil, demand, corona virus, China,