Oil prices slide over 3% on demand concerns as virus spreads :=
Oil prices tumbled by more than 3 per cent on Monday, as the rapid spread of a coronavirus in several countries outside China left investors concerned about a hit to demand.
Brent crude was down $2.16, or 3.7 per cent, to $56.34 barrel by 0935 GMT. US crude futures fell by $1.93, or 3.6 per cent, to $51.45.
