Oil Prices Dip As China’s Economic Growth Disappoints ...Middle East

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Oil Prices Dip As China’s Economic Growth Disappoints
source : OILPRICE ( Middle East ) () 29
Oil prices fell by around 1% in early Asian trade on Monday after major Libyan oilfields resumed production over the weekend following a brief shutdown and after China reported second-quarter economic growth below expectations.   In the morning in Europe, the U.S. benchmark WTI Crude was trading down by 0.98% at $74.68 per barrel, while the international benchmark, Brent Crude, traded below the $80 per barrel mark it had reached last week for the first time since May. Brent was down by 0.96%, at $79.10. Underwhelming Chinese GDP data…

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