Oil prices climb as positive China factory data eases demand concerns
Similar results need to be posted over the next few months to point to a growth recovery in oil demand, analyst says
30 September 2019 - 08:04
Singapore — Oil prices edged up on Monday after China’s factories unexpectedly ramped up production in September, easing concerns about demand in the world’s largest crude importer amid an ongoing trade war with the US.
Brent crude futures rose 9 cents to $62 a barrel by 5am SA time while US West Texas Intermediate (WTI) crude futures rose 13 cents to $56.04 a barrel...
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