Oil prices steadied on Friday as sluggish economic growth in China, the world’s biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal, Trend reports citing Reuters.
Brent crude LCOc1 futures rose 23 cents to settle at $64.85 a barrel. U.S. West Texas Intermediate (WTI) crude CLc1 futures rose 2 cents to settle at $58.54 a barrel.
For the week, Brent fell 0.2%, while WTI lost 0.8%