(Bloomberg) — Oil plummeted after President Donald Trump said the U.S. would suspend all travel from Europe for the next 30 days to try and contain the coronavirus, pummeling fuel demand even further.Futures in London fell as much as 7% after being up shortly before Trump began a highly anticipated address on the White House’s response to the virus. The president also called on Congress to pass immediate payroll tax relief, but he stopped short of offering a detailed economic rescue package. The briefing failed to soothe broader markets, with the global stock rout deepening.Crude is down more than 25% …read more
Source:: Yahoo Finance
