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Oil prices edged higher in the international market on Wednesday, however, gains were capped by the lingering economic impact due to the coronavirus epidemic. Brent crude was priced at $57.81 a barrel. US WTI fell to $51.97 a barrel. One of the world's largest economies, China is battling to get manufacturing back on track after Coronavirus epidemic pushed the country to impose stringent city-wide lockdowns and travel obstructions.