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Oil prices dropped on Monday stressed down by rising coronavirus cases and tensions between the United States and China. Brent crude dipped 0.2%, to $43.26 a barrel, while U.S. WTI crude dropped to $41.22 a barrel, down 0.2%. The fall in oil mirrored about escalating tensions between the world’s two biggest economies following the closures of consulates in Houston and Chengdu. Global coronavirus cases, meanwhile, exceeded 16 million.
