Oil prices sink as crippled demand outweighs stimulus hopes

NEW YORK (Reuters) - Oil prices fell on Thursday after three sessions of gains as restrictions on travel worldwide crimped fuel demand, with U.S. crude futures plunging about 4% after the United States scrapped plans to buy domestic oil for its emergency reserve.Concerns about demand also overshadowed expectations that a $2 trillion U.S. stimulus package will bolster economic activity.West Texas Intermediate (WTI) crude futures dropped 91 cents, or 3.7%, to $23.58 a barrel by 11:11 a.m. EDT..