Oil steady as market eyes coronavirus hit to demand

TOKYO: Oil prices were little changed on Friday but on track for a weekly fall on concerns that a global resurgence of COVID-19 infections will constrain fuel demand, while the likely return of exports from Libya will add to supply.

Brent crude was down 2 cents at $41.92 a barrel by 0113 GMT, while U.S. West Texas Intermediate (WTI) crude was 3 cents firmer at $40.34.

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