Oil slides for fourth day as pandemic fears deepen - Reuters:
Crude oil prices gave up early gains and slid for a fourth day on Wednesday as fears of a coronavirus pandemic deepened as the outbreak spread in several countries outside China.
Brent crude fell 31 cents, or 0.6%, to $54.64 a barrel by 0753 GMT, while U.S. West Texas Intermediate crude dropped 16 cents, or 0.3%, to $49.74.
Fears of a pandemic have escalated as authorities around the world battle to prevent the spread of coronavirus, which has now been found in about 30 countries.
Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a pandemic jolted Wall Street yet again and pushed yields on safe-haven Treasuries to record lows.
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