Oil drops after China abandons target for 2020 GDP amid coronavirus outbreak
By Administrator_India Capital Sands Oil prices slumped on Friday after China’s decision to omit an economic growth target for 2020 renewed concerns that the fallout from the coronavirus pandemic will continue to depress fuel demand in the world’s second-largest oil user. Brent crude fell $1.56, or 4.3%, to $34.50 a barrel, after gaining nearly […]