Oil slips after Chinese data disappoints
China reports weaker than expected July economic data as US crude oil stocks rise
14 August 2019 - 07:51
Tokyo/Singapore — Oil prices fell on Wednesday on disappointing economic data from China and a rise in US crude inventories, erasing some of the sharp gains in the previous session on signs of an easing in Sino-US trade tensions.
Brent crude was down 64c, or 1%, at $60.66 a barrel at 4.46am GMT, after rising 4.7% on Tuesday, the biggest percentage gain since December...
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