Oil prices were steady on Friday as reports of sluggish economic growth in China, the world’s biggest crude importer, raised concerns about fuel demand which countered optimism from the signing of a Sino-U.S. trade deal this week.
The world’s second-largest economy grew by 6.1% in 2019, its slowest expansion in 29 years, government data showed on Friday.
“A well-expected fourth-quarter China GDP rate (6%) provided little clue for oil price trading on Friday morning, and mounting downward economic pressure will perhaps limit oil’s upside in the mid- to long-term,” said Margaret Yang, market analyst at CMC Markets.
Brent crude futures LCOc1 were up 12 cents to $64.74 by 0735 GMT, after gaini...
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Special committee to amend internal system of PUK
Details of Supreme Political Council meeting
PUK Internal System Amendment committee to hold its second meeting
Thursday, Kurds saluted the seventh anniversary of the assassination of 3 Kurdish women activists in France.
The crime took place on January 9, 2013, targeting 3 female Kurdi...
Susan Rice, former U.S. ambassador to the United Nations and national security adviser in the Obama administration, joined Judy Woodruff on PBS NewsHour and discussed the Trump administration&rsquo...
After storming to the edge of a cliff this week, early indications suggest that the United States and Iran apparently have decided they do not want to jump, at least not yet.