We don’t yet know how dangerous the new coronavirus is, and we won’t know until more data comes in. The mortality rate is around 2%. However, this is likely to be an overestimate since many more people are likely to have been infected by the virus but not suffered severe enough symptoms to attend hospital, and so have not been counted. For comparison, seasonal flu typically has a mortality rate below 1% and is thought to cause about 400,000 deaths each year globally. Sars had a death rate of more than 10%.
Read more: https://www.theguardian.com/world/2020/ ... uhan-china
FEAR of the corona virus is the primary reason that crude oil prices are down.
Corona Virus: Update
Corona Virus: Update
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group