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Oil prices fall as coronavirus epicentre shifts to Iran, Itlay
Feb. 27, 2020
Source: Reuters

Oil prices fall as coronavirus epicentre shifts to Iran, Itlay

Oil prices fell in the international market on Thursday, stressed by the concerns of coronavirus spread out of China. Brent crude was priced 1.4% lower, at $52.66 a barrel. US WTI dropped over 1.6%, to $47.93 a barrel. Yesterday, the total number of novel coronavirus cases outside China surpassed the number recorded in China, for the first time ever. Italy and Iran are becoming the new epicentres of coronavirus infection.

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