Oil prices skid 2%, extending slide as China virus spreads

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Oil prices skid 2%, extending slide as China virus spreads
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Oil prices slumped a further 2% to multi-month lows on Monday as the rising numb...

FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S. February 11, 2019. REUTERS/Nick Oxford

Brent crude LCOc1 fell by $1.12 a barrel, or 1.9%, to $59.57 by 0113 GMT, having earlier dropped to $58.68, the lowest since late October. U.S. crude CLc1 slipped by $1.14, or 2.1%, to $53.05, having earlier eased to $52.15, the lowest since early October.

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