Commodities including crude oil and copper fell Thursday, extending their recent slide on concerns that the worsening coronavirus outbreak would pare Chinese demand for raw materials. Brent crude, the global oil benchmark, dropped 2.6% to as low as $57.34 a barrel, the lowest level in over a year. The futures prices have tumbled 17% since their recent high on Jan. 6, a decline exacerbated by government data released Wednesday showing that U.S. inventories of crude oil unexpectedly increased by 3.5 million barrels last week.

Source: Wall Street Journal January 30, 2020 14:15 UTC