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Oil Extends Fall on Coronavirus-Related Demand Fears - The Wall Street Journal

Oil prices fell again Tuesday, weighed down by investors’ concerns about how the spread of the coronavirus outside China will affect global oil demand.

U.S. crude prices fell 3% to $49.90 a barrel after falling 3.7% on Monday. Brent, the global gauge of prices, declined 2.4% to $54.95 a barrel after dropping 3.8% the day before.

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February 26, 2020 at 03:20AM
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Oil Extends Fall on Coronavirus-Related Demand Fears - The Wall Street Journal
"oil" - Google News
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