OIL PRICES SLUMP ON GROWING TENSIONS BETWEEN THE US AND CHINA

Highlights:

• The global oil prices have slumped by 1 percent on Monday after escalating tensions between the US and China.
• The global oil prices are also affected by the growing coronavirus cases that have been recorded as the highest on Monday. 
• The markets also remained on edge due to growing US and European disputes with China.

The rising coronavirus cases and th....