Oil falls 2% to three-month lows as China virus raises demand fears
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NEW YORK (Reuters) - Crude prices dropped 2% to three-month lows on Monday as the death toll from China's coronavirus grew, clamping down on travel and fuelling expectations of slowing oil demand. Brent crude was down $1.37 a barrel, or 2.3%, at $59.32 at 1:38 p.m. EST (1838 GMT). U.S. crude was down $1.06, or 2.0%, at $53.13 a barrel. Both benchmarks had earlier fallen by more than 3% and were at their lowest since October.Global stock exchanges, which oil tends follows, also sank as..