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Oil falls for sixth day as China virus spreads

Oil falls for sixth day as China virus spreads

Tuesday, January 28, 2020, 8:08 AM

Oil futures slipped on Tuesday, extending losses into a sixth session as the spread of a new virus in China and other countries raised concerns about a hit to economic growth and slower oil demand. Brent crude was down 15 cents, or 0.3 per cent, to $59.17 at around 0114 GMT, after touching a three-month low on Monday at $58.50.
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