Oil prices fall on virus uptick and poor Asian economic data
Japan factory activity shrinks at its fastest pace since 2012, also affected by the coronavirus
21 February 2020 - 13:08
London — Oil prices fell on Friday as a rise in new cases of coronavirus and weak Asian economic data fueled uncertainty about the economic outlook and as major crude producers showed no rush to cut output.
Brent crude was down 96c, or 1.6%, at $58.35 a barrel by 10.19am GMT, while US crude dropped 76c, or 1.4%, at $53.12 a barrel...
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