Chinese oil demand has slipped 20% amid the coronavirus outbreak, one of the largest shocks to the industry since the global financial crisis

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· *Chinese oil demand has fallen by about 3 million barrels per day, a 20% decline, as coronavirus weighs on the economy, Bloomberg reported. *
· *Brent Intermediate dropped 0.31% to $55.91 per barrel as of 10:30 a.m. in New York. West Texas Intermediate dropped 1.25% to $51.25 per barrel. *
· *It's likely the...