Oil drops 2% as coronavirus demand concerns weigh – CNBC
Sunset oil pumps, industrial oil pump equipment.
Pramot Polyamate
Oil prices fell 2% on Thursday amid a surge in coronavirus cases that sparked fears of a blow to demand and the latest diplomatic row between the United States and China, outweighing the advantages of a lower dollar.
Brent futures fell $ 1.01, or 2.3%, to $ 43.28 a barrel, while West Texas Intermediate crude was 1.98%, or…
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