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U.S. shares, oil prices slump as China virus fears spread

1 month ago   |   By Reuters

U.S. shares and crude prices dropped on Friday and 10-year U.S. treasury yields fell to their lowest point in about three months amid concerns that a spreading virus from China would curb travel and hurt economic demand.
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Oil is on track for its worst week since July amid coronavirus fears

Oil is on track for its worst week since July amid coronavirus fears

1 month ago   |   By Business Insider

Oil prices fell Friday and are on track for the worst week since July amid fears that China's Wuhan virus will damage global demand.
Futures of West Texas Intermediate crude slipped 2.72% to $54.08 per barrel, and ICE Brent crude fell 2.6% to $60.44 per barrel as of 12:22 p.m. in New York.
Chinese stocks also fell. The outbreak of coronavirus has disrupted the Lunar New Year, an important holiday where hundreds of millions of people in Asia travel .
Watch oil trade live on Markets Insider.
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Oil drops more than 2%, heads for weekly loss on China virus fears

1 month ago   |   By Reuters

Crude prices fell more than 2% on Friday, heading toward $60 a barrel and a steep weekly decline over concerns that the coronavirus in the world's second-largest oil consumer China will spread farther, curbing travel and oil demand.
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Here are the winners and losers of the South Carolina Democratic debate

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An Arkansas man was arrested on suspicion of trying to blow up a car's gas...

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