Oil set for biggest weekly fall in more than four years
Opec may be forced to make more output cuts as coronavirus stokes fears of slower demand
28 February 2020 - 08:34
Singapore — Oil prices plunged to their lowest in more than a year on Friday, putting them on track for the biggest weekly decline in more than four years, as the rapid spread of the coronavirus stoked fears of slowing global demand.
Investors are increasingly worried the epidemic could turn into a pandemic, as the virus has spread beyond its epicentre in China to another 46 countries...
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