Oil prices fall amid worries over new coronavirus strain
TOKYO: Oil prices slid in early trade on Monday as a fast-spreading new coronavirus strain in the United Kingdom raised concerns that tighter restrictions there and in other European countries could stall a recovery in the global economy and its need for fuel.
Brent crude dropped 97 cents, or 1.9 per cent, to $51.29 a barrel by 0103 GMT after rising 1.5 per cent and touching its highest since March last Friday.
