Oil Slides With Renewed Virus Surge Weighing on Markets
The impounded Iranian crude oil tanker, Grace 1, is silhouetted as it sits anchored off the coast of Gibraltar. (Photographer: Marcelo del Pozo/Bloomberg)

Oil Slides With Renewed Virus Surge Weighing on Markets

Bookmark
(Bloomberg) -- Oil slumped near $40 in New York as the coronavirus weighs on markets and raises concerns about the outlook for consumption.