(Bloomberg) — Oil jumped after the World Health Organization said there’s no need for travel and trade bans due to the coronavirus, but was still set for its worst month since May as the outbreak sapped the demand outlook.The WHO declared a public health emergency of international concern, but said restrictions on commerce weren’t necessary and that it had confidence in China’s ability to control the virus. However, that was undercut by the U.S. government telling Americans not to travel to China. Crude got a further boost after a non-manufacturing purchasing managers’ index in Asia’s largest economy beat estimates, helping …read more
Source:: Yahoo Finance
