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Oil prices leap after reports on coronavirus drug

FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing
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LONDON (Reuters) - Oil prices jumped by more than 3% on Wednesday after media reports that scientists had developed a drug against the fast-spreading coronavirus that continues to weigh heavily on global economic activity.The World Health Organization played down the media reports, saying there are "no known effective therapeutics" against the virus.Lending further support to oil was news that the..
Date Published: Feb 05, 2020
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