Oil prices fall as demand woes eclipse U.S. stimulus
LONDON (Reuters) - Oil prices slipped into negative territory on Wednesday as faltering fuel demand from the spread of the coronavirus outweighed a massive pending U.S. economic stimulus package.
Brent crude LCOc1 was down 45 cents, or 1.66%, at $26.70 per barrel at 1029 GMT after earlier rising to a high of $28.29.
U.S. crude CLc1 was down 10 cents, or 0.42%, at $23.91 after a high of $25.24 per barrel.
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