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Oil skids as spectre of China virus looms over fuel demand, economy

Updated : January 23, 2020 02:29 PM IST

Brent crude futures were down 87 cents, or 1.4 percent, to $62.34 a barrel by 0733 GMT, and earlier dropped to the lowest since December 4 after falling 2.1 percent the previous session.
The US bank maintained its forecasts for Brent to average $67 a barrel in the first quarter and $64.50 a barrel throughout 2020.
Oil skids as spectre of China virus looms over fuel demand, economy

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