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Oil prices continue to rise on Wednesday
Feb. 12, 2020
Source: Reuters

Oil prices continue to rise on Wednesday

Oil prices climbed up in the international market on Wednesday, as the number of new Coronavirus cases slowed in China. Brent crude were up by 1.3%, at $54.75 per barrel. U.S. WTI CLc1 was priced 0.9% higher, at $50.39. Data released on Monday indicated a slower growth rate of new coronavirus cases in China since Jan 31. A Chinese medical advisor yesterday anticipated for the outbreak to be over by April.

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