Oil falls 2% on renewed uncertainties over coronavirus outbreak
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LONDON (Reuters) - Oil prices fell on Friday as a rise in new cases of coronavirus and weak Asian economic data fuelled uncertainty about the economic outlook and as major crude producers showed no rush to cut output.Brent crude was down $1.20, or 2%, at $58.11 a barrel by 1136 GMT, while U.S. crude dropped $1.02, or 1.9%, at $52.86 a barrel.Oil prices had edged up on Thursday after a much smaller-than-expected rise in U.S. crude stocks."With Brent failing to breach the 60 level on Thursday,..