U.S. jet fuel prices hit by demand fears on coronavirus
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NEW YORK (Reuters) - Falling demand for jet fuel worldwide because of the deadly coronavirus has hit U.S. prices for the product, which dropped to its lowest seasonally in five years, market participants said.The coronavirus outbreak, which has spread to over 20 countries and led to more than 400 deaths, has caused many airlines to stop flights to parts of China, weakening demand for jet fuel. Oil markets have dropped just under 20% in the wake of the virus' spread, a signal of market fears of a..