NEW YORK, Jan. 13 (Xinhua) -- Oil prices moved lower on Wednesday as coronavirus-induced demand worries overshadowed a hefty drop in U.S. crude stockpiles.
The West Texas Intermediate (WTI) for February delivery lost 30 cents to settle at 52.91 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery decreased 52 cents to close at 56.06 dollars a barrel on the London ICE Futures Exchange.
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