Oil Swings as Investors Grapple With Coronavirus Uncertainty - News Summed Up

Oil Swings as Investors Grapple With Coronavirus Uncertainty


Crude prices swung between gains and losses on Wednesday, highlighting investors’ efforts to weigh the possible long-term effects of a deadly new coronavirus on global oil demand. U.S. crude futures edged down 0.3% to $53.33 a barrel, while Brent, the global gauge of prices, rose 0.5% to $59.81 a barrel. Crude futures have been under pressure...


Source: Wall Street Journal January 29, 2020 17:38 UTC



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