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Links to previous press releases are below.

News X

Oil price falls on renewed coronavirus concerns

Brent futures fell to $55.56/bbl by Monday afternoon, a drop of $2.94/bbl from Friday as markets reacted to the spread of the coronavirus outside China. 

Health officials in China lowered their virus emergency response measures in four provinces, Reuters reports. But a jump in coronavirus cases in Italy, South Korea, Japan and Iran sparked concern among investors, pushing oil lower.