Brent crude sinks below $30/bbl as recession fears weigh

NEW YORK (Reuters) - Brent crude fell below $30 a barrel on Tuesday to its lowest since 2016, as the coronavirus pandemic slowed economic growth and oil demand while Saudi Arabia and Russia kept up their battle for market share.Countries including the United States and Canada, along with nations in Europe and Asia, are taking unprecedented steps to contain the virus, curbing demand for crude and products such as gasoline and jet fuel.Brent crude futures for May delivery fell 56 cents to $29.49..