Oil dips ahead of data on effect of coronavirus on Asia demand
Pandemic is set to cause demand to fall 435,000 barrels per day in the first quarter from the same period a year ago
17 February 2020 - 07:47
Singapore — Oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China’s coronavirus epidemic has affected oil demand.
Brent crude was at $56.99 a barrel, down 33c by 3.21am after rising 5.2% last week, the biggest weekly gain since September 2019...
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