Oil prices on Tuesday continued the decline that began a day earlier. earlier. During the trading their decline was about 3% - for Brent For Brent it was 2.7% and for WTI - 3.2%. On Monday, the quotes On Monday the quotations fell by 3-4% after a three-day growth. The situation with coronavirus in the world is a negative factor. In particular, an increase in the number of infections with the new strain and related actions of the authorities in China. In a number of Chinese cities. as the situation has deteriorated, quarantine measures have been tightened-- restricted movement. This has heightened players' concerns The prospects for demand for oil, especially because China is one of the main consumers of oil. one of its main consumers. According to Again Capital partner John Kilduff, voiced in an interview with Bloomberg, the developments in China's developments are important and worrying for market because of its status. Players also remain cautious ahead of the publication of the API report on U.S. oil inventories.