Oil prices jump 2% as virus vaccine reports spur hope
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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 yet been found.Also supporting oil was news that the Organization of the Petroleum Exporting Countries (OPEC) and its producer allies were considering further output cuts to counter a potential squeeze on global oil demand.The outbreak has killed nearly 500 people and is weighing..