NEW YORK: Crude futures dropped 2% to three-month lows on Monday as the death toll from China's coronavirus grew, curtailing travel and fueling expectations of slowing oil demand.
Brent crude settled at $59.32 a barrel, losing $1.37, or 2.3%, its lowest since Oct. 21. U.S. crude settled at $53.14 a barrel, was down $1.05, or 1.9%, its lowest since Oct. 2.
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