Oil slumps on fears China virus will dampen demand

Prices slide as some analysts estimate a price shock of up to $5 per barrel if crisis develops

Virus fears weigh on prices: passengers wear masks to prevent an outbreak of a new coronavirus at the Hong Kong West Kowloon High Speed Train Station — Virus fears weigh on prices: passengers wear masks to prevent an outbreak of a new coronavirus at the Hong Kong West Kowloon High Speed Train StationPhoto: REUTERS/SCANPIX

Reuters

Asia & Oceania China ING Research Hong Kong USA

Published 23 January 2020, 06:39Updated 23 January 2020, 06:39