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Oil prices fall 2% as spectre of China virus threatens fuel demand

Updated : January 24, 2020 08:13 AM IST

Brent crude futures fell $1.17, or 1.9 percent, to settle at $62.04 a barrel. The session low was $61.25, the lowest since early December.
US West Texas Intermediate (WTI) crude ended down $1.15, or 2 percent, at $55.59 a barrel, after hitting $54.77, its lowest since November.
China's coronavirus outbreak has killed 18 people and infected nearly 630.

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