Oil steadies after testing new lows as coronavirus chaos intensifies
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TOKYO (Reuters) - Oil prices steadied on Wednesday after slipping to new four-year lows, sapped by fears for fuel demand and the global economy amid travel and social lockdowns triggered by the coronavirus epidemic.Brent crude was up by 34 cents, or 1.2%, at $29.07 a barrel by 0238 GMT, after falling earlier to $28.40, the lowest since early 2016. The international benchmark fell 4.3% on Tuesday.U.S. crude was up by 13 cents, or 0.5%, at $27.08 a barrel, after falling to as low as $26.20, also..