Oil prices sink four percent on virus fears

London, Feb 24 (AFP) World oil prices sank by more than four per cent on Monday as traders fretted over the coronavirus' spreading impact on global energy demand, analysts said.

Benchmark contracts Brent North Sea and New York's West Texas Intermediate both slumped by 4.1 and 4.0 per cent respectively, compared with their levels late Friday. (AFP) SCY