Oil gains as optimism grows economic impact of coronavirus outbreak may be brief

February 19, 2020 admin Business News Comments Off on Oil gains as optimism grows economic impact of coronavirus outbreak may be brief

Oil prices gained 1% on Wednesday, with Brent rising a seventh straight day, amid broad optimism as new coronavirus cases fell for a second day in China and concerns rose over supply after a U.S. move to cut more Venezuelan crude from the market.

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Source:: Reuters – Business News