Oil prices slip ahead of data pointers on impact of

coronavirus on demand

 Oil prices edged lower on Monday as investors brace for economic data in  due this

week that should give a reading on how China’s coronavirus epidemic has affected oil demand.

Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after rising 5.2 per cent last week, the

biggest weekly gain since September 2019.

US West Texas Intermediate crude fell 13 cents to $51.92 a barrel, after a 3.4 per cent gain last week.

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