Oil edges higher after Chinese industrial data exceeds expectations
Brent rises slightly but GDP numbers showing the country’s slowest quarterly economic growth in decades cap gains
15 July 2019 - 12:10
London — Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country’s slowest quarterly economic growth in decades.
Brent crude futures rose 40c, or 0.6%, to $67.12 a barrel by 9.23am GMT, while US crude was up 19c, or 0.32%, at $60.40 a barrel...
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