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Oil prices inch higher, but gains capped by widening economic impact of coronavirus outbreak

Updated : February 19, 2020 08:15 AM IST

Brent crude was up by 6 cents at $57.81 a barrel by 0149 GMT or 7:19 am
US oil was up 7 cents at $51.97 a barrel. Both contracts started the Asian session trading lower.
Oil prices have risen as much as around 8 percent since hitting lows for this year just over a week ago.

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