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Brent Crude fell $1.56, or 4.3%, to $34.50 a barrel, after gaining nearly 1% on Thursday. WTI crude dropped by $1.79, or 5.3%, to $32.13 a barrel, having gained more than 1% in the last session. Prices slumped following China’s decision to omit an economic growth target for 2020 renewed concerns that the fallout from the coronavirus pandemic will continue to depress fuel demand in the world’s second-largest oil user.
