Oil steadies, but concern over China virus weighs
Oil on track for a fall of up to 5% for the week as World Health Organisation stops short of declaring the epidemic of global concern
24 January 2020 - 07:05
Singapore — Oil prices were steady on Friday, but on track for a fall of up to 5% for the week on growing concern that fuel demand will weaken as the spread of a respiratory virus from China that has killed 25 so far dents travel and darkens the economic outlook.
Brent crude futures were 4c lower to $62 a barrel by 2.25am GMT, its lowest since December 4, after falling 1.9% the previous session. For the week, Brent is down 4%...
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