Crude Oil on Track for Worst Week Since May as Coronavirus Fears Intensify
January 24, 2020 at 13:03 PM EST
With increasing fears over the coronavirus, oil is following the stock market in a selloff, down almost 3% as of noon EST, and currently on track for its worst week since May 2019. A decline in China’s economy as a result of the virus and traveling would impact demand since China is the world’s...