Oil falls as coronavirus threatens long-term demand

Outbreak has killed 427 people, infected more than 20,000 in mainland China

Oil price: Brent crude settled at $53.96 a barrel, sliding 49 cents, or 0.9% — Oil price: Brent crude settled at $53.96 a barrel, sliding 49 cents, or 0.9%Photo: REUTERS/SCANPIX

Reuters

US Production Americas North America

Published 4 February 2020, 23:25Updated 4 February 2020, 23:25