Oil rises as WHO declares emergency, but opposes travel restrictions
Oil prices rose on Friday but were still set for a fourth consecutive weekly loss, as markets attempted to assess the economic damage of the coronavirus that has spread from China to around 20 countries, killing more than 200 people.
Brent crude was 31 cents higher at $58.60 a barrel by 0943 GMT but was still down 3.4 per cent on the week.
US West Texas Intermediate (WTI) rose by 34 cents to $52.48 a barrel. It is 3.2 per cent lower on the week.
