Commodities Oil prices slide as coronavirus spread beyond China raises demand worries Updated : February 21, 2020 07:59 AM IST Brent crude was down 24 cents, or 0.4 percent, at $59.07 a barrel by 0155 GMT, while US crude was off by 25 cents, or 0.5 percent, at $53.63 a barrel. Adding to pressure on oil prices was the strength of the US dollar as investors looked for safe havens. A stronger greenback typically makes oil more expensive as the commodity is usually priced in dollars. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.