CORONA VIRUS IMPACT ON OIL AND FUEL PRICES

Highlights

• China’s Sinopec Corp cutting supply by 12%

China virus outbreak has sent fear through worldwide commodity markets, pressuring OPEC and its allies to consider deepening crude supply control and Asia’s biggest oil refiner to cut over a tenth of its output.

The coronavirus has resulted in the death of 361 people in China and has spread to around two dozen other ....