On Wednesday, Oil continued to extend its declines while the International Energy Agency projected that the market will have a plethora of reserves in the first half, creating some comfort regarding anxieties about interruptions that have cut Libya’s crude output. U.S. oil dropped 29 cents, to $58.08 a barrel, having decreased 0.3% in the previous trading session.
Brent crude fell about 24 cents, at $64.34 a barrel following a decline of about 0.3% yesterday.
The new coronavirus shakes the Asian markets
Daily Analysis - 22/01/2020