SINGAPORE, March 23, 2020 (BSS/AFP) – Oil prices fell heavily at the open
in Asia on Monday after a trillion-dollar Senate proposal to help the
coronavirus-hit American economy was defeated and death tolls soared across
Europe and the US.
US benchmark West Texas Intermediate was down 2.5 percent at $22 a barrel
while Brent crude, the international benchmark, fell 4.9 percent to $25 a
barrel.