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Oil prices slipped again in the international market on Thursday, dipping over Washington's ban on travel from Europe following a WHO declaration that the coronavirus outbreak is now a pandemic. Brent crude declined by 5.3%, to $33.88 a barrel. US WTI crude slipped by 5.3%, to $31.24 a barrel. President Trump, yesterday, suspended all travel from Europe to the United States as he disclosed measures to contain the spread of coronavirus.
