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Oil slumps again on coronavirus fears, price war

Brent crude falls US$2.07 to US$31.78 a barrel, extending last week's 25% plunge

Singapore

OIL fell on Monday as an emergency rate cut by the US Federal Reserve failed to soothe global financial markets panicked by the rapid spread of the coronavirus, while a price war between top producers added to a growing supply glut.

Brent crude fell US$2.07 to US$31.78 a...

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