Oil retreats in face of renewed coronavirus uncertainty

LONDON (Reuters) - Oil prices fell on Friday as weak Asian data and a rise in new coronavirus cases fuelled uncertainty about the economic outlook while leading crude producers appeared to be in no rush to curb output.Brent crude was down $1.56, or 2.6%, at $57.75 a barrel by 1442 GMT, while U.S. crude dropped $1.25, or 2.3%, to $52.63."With Brent failing to breach the $60 level on Thursday despite better than expected U.S. oil inventory data, rising market uncertainty is dragging down oil..