Beijing coronavirus outbreak (and likely lockdowns) weighing on oil

The impact is wider than oil. Iron ore on the Dalian exchange is down circa 7%. AUD, NZD dribbling lower.

This from earlier on Beijing:

• China - COVID-19 hitting Beijing now

This too:

• Apple supplier Foxconn suspends production at two factories in eastern city of Kunshan

Meanwhile, in Shanghai, barriers are being installed in some areas of the city.