Oil up more than 2% on slowing coronavirus cases

Optimism that Opec and allied producers would deepen supply cuts also supported prices

Oil price: Brent crude settled at $59.12 a barrel, rising $1.37, or 2.4%
Oil price: Brent crude settled at $59.12 a barrel, rising $1.37, or 2.4%Photo: REUTERS/SCANPIX
Published 19 February 2020, 23:21Updated 19 February 2020, 23:21
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