Price of oil dips below $50 for first time in more than a year

The price for a barrel of oil dipped below $50 US a barrel for the first time since January 2019 on Monday. The coronavirus that has emerged from China is causing traders to fear for the impact on the economy.

source https://www.cbc.ca/news/business/oil-price-markets-monday-1.5450064?cmp=rss