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EXPLAINER: Why is the Coronavirus leading to a drop in oil prices?

The outbreak of the pneumonia-like coronavirus has leftover 14,000 people infected and over 300 dead since the first case was reported on Dec. 30 in Wuhan, the capital of China’s Hubei province. For oil markets, it has had a troubling effect. Oil prices fell on Monday to their lowest in more than a year as…

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