Oil prices jump 4% after reports of coronavirus drug breakthrough
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NEW YORK (Reuters) - Oil prices jumped about 4% on Wednesday on media reports that scientists had found a drug breakthrough for the fast-spreading coronavirus, an outbreak that continues to weigh 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 further support to oil was news that the Organization of the Petroleum Exporting Countries (OPEC) and its producer..