Port closures in China are causing oil importers to cancel purchases and forcing sellers to look elsewhere.
Brent crude prices have been in steep decline since the outbreak hit the headlines, down 16.96% since the turn of the year, and was trading at just over $54 a barrel on Monday afternoon.Martin Bureau | AFP | Getty Imagesis hitting Africa, with the sharp fall in commodity prices "battering" economies across the continent, according to Capital Economics.
lauferlaw I'm waiting for Jared to cure coronavirus next.
Thank you China for the coronavirus.
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