Oil jumps as fall in new China coronavirus cases eases fuel demand concerns
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SEOUL (Reuters) - Oil prices extended gains on Wednesday as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world's second-largest oil consumer may begin to recover from the epidemic. Brent crude was up $1.12, or 2.1%, at $55.13 per barrel at 0748 GMT. U.S. West Texas Intermediate (WTI) rose 74 cents, or 1.5%, to $50.68 a barrel.According to data through Tuesday, the growth rate of new coronavirus cases in..