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Oil prices jumped in the international market on Tuesday, as the investors holding short positions booked profits, encouraged by recent sharp falls. Brent crude rose 1.5%, to $54.06 a barrel. The U.S. West Texas Intermediate was priced 1.3% higher, at $50.20 a barrel. China’s National Health Commission has updated the number of deaths due to coronavirus to 1,016, with the number of cases reaching 42,600.
