Oil drops more than 2%, approaches weekly loss on China virus fears

NEW YORK (Reuters) - Crude prices fell more than 2% on Friday and headed for a steep weekly decline over concerns that the coronavirus will spread farther in China, the world's second-largest oil consumer, curbing travel and oil demand.The virus has prompted the suspension of public transport in 10 Chinese cities, while cases of infection have been found in several other Asian countries and the United States. Brent crude was down $1.62, or 2.6%, at $60.42 by 2:16 p.m. EST (1916 GMT). The..