Oil prices decline as demand worries linger

NEW YORK, Jan. 28 (Xinhua) -- Oil prices moved lower on Thursday as soaring COVID-19 infectors continue to spark fears over weaker fuel demand.

The West Texas Intermediate for March delivery lost 51 cents to settle at 52.34 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery decreased 28 cents to close at 55.53 dollars a barrel on the London ICE Futures Exchange.