Oil mixed as government pledges reach $5 trillion in coronavirus chaos - Reuters:
Oil prices were mixed on Friday as governments took unprecedented steps to limit the economic fallout from the coronavirus pandemic.
Brent crude was down 34 cents, or 1.2%, at $26 a barrel by 0726 GMT. U.S. crude was up 8 cents, or 0.4%, at $22.68.
Both of the benchmarks are down nearly two-thirds this year and the slump in economic activity and fuel demand has forced massive retrenchment in investment by oil and other energy companies.
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