Oil prices nudge up on Chinese economic data (cnbc.com)

Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country’s slowest quarterly economic growth in decades.

Asian and early European trading was boosted by the more positive Chinese economic data, which may indicate early success in government stimulus efforts and potentially more oil demand in the world’s number two economy.
more at source: https://www.cnbc.com/2019/07/15/oil-markets-china-economic-data-in-focus.html

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