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Business News

Dec 14, 2018
7:41PM

Oil prices slip after China reports slower economic growth

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Oil prices today slipped after China reported slower economic growth, pointing to lower fuel demand in the world’s biggest oil importer, although market sentiment was supported by supply cuts agreed last week by major crude producers.

Brent crude prices, in intra day trade today, were trading around 61 dollars per barrel. WTI prices were at around 52 dollars and 25 cents per barrel when reports last came in.

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