OIL LIVE PRICES TODAY
OIL PRICES WERE SLIGHTLY HIGHER ON WEDNESDAY WITH GAINS LIMITED BY THE WIDENING ECONOMIC IMPACT FROM THE CORONAVIRUS EPIDEMIC THAT SATRTED IN CHINA, ALTHOUGH NEW CONFIRMED CASESE FELL FOR A SECOND DAY IN THE PROVINCE AT THE CENTRE OF THE OUTBREAK.
OIL PRICES RISEN AS MUCH AS AROUND 8% SINCE HITTING LOWS FOR THIS YEAR JUST OVER A WEEK AGO, BUT ANOTHER SHARP DOWNTURN IN PRICES COULD PROMPT THE ORGANIZATION OF THE PETROLEUM EXPOTING COUNTRIES ( OPEC) & ALLIES TO DEEP SUPPLY CUTS.