Oil slides near 3% on China virus curbs and strong dollar | Reuters
Oil prices fell about 3% on Monday, extending last week's steep losses on the back of a rising U.S. dollar and concerns that new coronavirus-related restrictions in Asia, especially China, could slow a global recovery in fuel demand.
A United Nations panel's dire warning on climate change added to the gloomy mood after fires in Greece have razed homes and forests and parts of Europe suffered deadly floods last month.
Brent futures fell $1.84, or 2.6%, to $68.86 a barrel by 11:22 a.m. EDT (1522 GMT), while U.S. West Texas Intermediate (WTI) crude fell $1.88, or 2.8%, to $66.40.
That put both benchmarks down about 10% over the past 10 sessions.
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