Oil prices jump 2% after reports of coronavirus drug

NEW YORK (Reuters) - Oil prices jumped about 2% on Wednesday on media reports that suggested scientists were developing a vaccine for the fast-spreading coronavirus, even as world health experts said treatments have not been found to combat the virus.The outbreak has killed nearly 500 people and is weighing heavily on global economic activity and oil demand. The World Health Organization played down the media reports, saying there were "no known effective therapeutics" against the virus.Lending..