Oil Major Earnings Disappoint

Market Movers The biggest thing moving the market this week continues to be the China-originating coronavirus as flight cancellations pick up momentum, cutting down massively on jet fuel demand, while some analysts have predicted oil could slip dangerously close to $50 a barrel before the crisis is over. Russia has now closed its 2,600-mile border in the Far East, and airlines are suspending China services. British Airways, United Airlines, American Airlines, Delta and others are all reducing the number of or suspending flights to China. Brazil…