Oil markets slump amid coronavirus chaos

Brent crude LCOc1 futures fell $1.09, or 4%, to $25.89 a barrel by 0209 GMT. West Texas Intermediate (WTI) crude CLc1 futures was down 15 cents, or 0.7%, at $22.48 a barrel.
Oil prices have fallen for four straight weeks and have given up about 60% since the start of the year. Prices of everything from coal to copper have also been hit by the crisis, while markets in bonds and stocks enter rarely charted territory.

Most Read

CBN cautions Nigerians, reveals cyber criminals’ schemes

Jos Sex Video : Girl who resembles actor in Jos sex video faces hostility

Zoom leaves recordings of calls exposed on the internet, report finds

Most COVID-19 patients put on ventilators will not survive

COVID-19: Fraudsters blast consumers with stimulus check scams

Coronavirus: Nurses who wore bin bags due to PPE shortage ‘all test positive for coronavirus’

COVID-19: Obesity is major risk factor, says French chief epidemiologist

COVID-19: Insensitivity of Nigeria's political elite

COVID-19: Lab workers are unseen warriors fighting the coronavirus

How to safely re-enter the house and leave germs at the doorstep- Virus researcher