Oil falls as coronavirus continues global spread

Prices hit their lowest level in over a year as the number of new virus cases outside China exceeded the number of new Chinese cases

Global outbreak: Italian Finance guards (Guardia di Finanza) officers patrol by a check-point in the red zone of the COVID-19 outbreak in northern Italy
Global outbreak: Italian Finance guards (Guardia di Finanza) officers patrol by a check-point in the red zone of the COVID-19 outbreak in northern ItalyPhoto: AFP/SCANPIX
Published 27 February 2020, 06:28Updated 27 February 2020, 06:29