MCX NEWS UPDATE::

Oil Prices Down as Fears of Spreading Virus Outweigh Crude Inventories Data

Oil prices were down on Thursday in Asia as virus fears outweighed inventory data that showed stockpiles of U.S. crude oil rose less than traders expected last week
U.S. Crude Oil WTI Futures lost 1.5% to $48.00 by 12:14 AM ET (04:14 GMT). International Brent Oil Futures were down 1.4%.

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