Oil at lowest in year following global stock market tumble

NEW YORK (Reuters) - Oil fell more than 2 percent on Monday to the lowest in over a year as global stock markets tumbled under pressure from concerns about a U.S. government shutdown and worsening world economy.Crude futures have fallen by more than 30 percent so far this quarter to the lowest since the third quarter of 2017, as investors have grown increasingly wary of the impact to global growth, and crude demand, from an escalating trade dispute between the United States and China.Markets..