Oil tumbles further into bear market, hits lowest price in 4 years as coronavirus fallout continues

Business Insider Australia | Feb 28, 2020 at 2:48 PM
  • Oil fell to its lowest price since July 2017.
  • Brent crude, the global oil benchmark, fell as much as 4.2%, briefly breaking below $US50 a barrel, which is a level not seen since 2017, The Wall Street Journal reported.
  • Coronavirus has ravaged oil markets this week.