Oil prices were near flat on Tuesday, pressured by concerns over the impact on crude demand from the coronavirus outbreak in China, but prices drew support from a reduction in supply from Libya. Brent crude LCOc1 rose 8 cents to settle at $57.75 a barrel. U.S. West Texas Intermediate (WTI) crude CLc1 futures were unchanged from the previous session, settling at $52.05 a barrel. Though new cases of the coronavirus in mainland China have dipped, global experts said it was too early to judge if the outbreak is being contained. Forecasters including the International Energy Agency (IEA) have cut 2020 oil demand estimates because of the virus. The virus is having a wider impact on financial markets. Asian shares fell and […]