Tokyo — Oil prices fell on Thursday, pulling back from an eight-week high as concerns about the coronavirus crisis in India, the world’s third-biggest importer of crude, tempered a rally driven by predictions by the International Energy Agency and oil cartel Opec that demand is coming back strong.

Brent crude was down 32 US cents, or 0.5%, at $69.00 a barrel by 1.45pm GMT, after gaining more than 1% on Wednesday. West Texas Intermediate (WTI) was down 31c, or 0.5%, to $65.77 a barrel, having risen 1.2% in the previous session...

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