U.S. oil prices slip and on track for more than 5% weekly skid as coronavirus, supply fears punish market

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Oil futures head toward a fourth straight decline Friday morning, pushing crude to sharp weekly losses as the death toll in China rises from an outbreak of a SARS-like virus, threatening to hurt demand and weigh on a market already fretting over rising supplies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil rises, but potential impact of China virus on fuel demand haunts marketOil prices climbed on Friday, following a drawdown in U.S. crude stocks, but wer... True China virus? Or COVID-9?
Source: Reuters - 🏆 2. / 97 Read more »