Oil prices hit 1990s low as coronavirus outbreak sinks demand

Oil prices hit 1990s low as coronavirus outbreak sinks demand

TOKYO (Reuters) – Oil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a collapse in demand for everything from gasoline to jet fuel caused by the coronavirus outbreak. FILE PHOTO: A muddy run-off splashes beside an oil rig belonging to […]