Oil prices rose for a second day on Wednesday, recouping some losses after a five-day rout on talk that OPEC could extend oil output cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles helped steady prices. Brent crude LCOc1 rose 66 cents, or 1.1%, to $60.17 a barrel by 0951 GMT. U.S. crude was up 62 cents, or 1.2%, at $54.10 a barrel. Financial markets that have been hit by the spread of the virus out of China are trying to assess the economic fallout, with the death toll rising to 132 and airlines reducing flights to China. “While the coronavirus continues to the spread both in and outside China the market is trying to adjust positions across all asset […]