Oil falls on coronavirus fears

Prices down despite Fed rate cut and hopes for Opec+ output cut

Oil price: Brent crude settled down 4 cents at $51.86 a barrel
Oil price: Brent crude settled down 4 cents at $51.86 a barrelPhoto: REUTERS/SCANPIX
Published 3 March 2020, 22:13Updated 3 March 2020, 22:13
ProductionUSCoronavirusAmericasNorth America