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Oil prices fell in the international market on Monday, slipping ahead of Asian economic data release that is due this week. Brent crude was priced at $56.99 a barrel. US WTI fell to $51.92 a barrel. Asia's economic data will indicate the effect of China’s coronavirus epidemic on oil demand. The IEA has already forecasted a dip of 435,000 barrels per day (bpd) in oil demand due to coronavirus spread.
