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Oil Prices fall as China experiences slowest GDP growth in over three decades
Oct. 18, 2019
Source: Reuters

Oil Prices fall as China experiences slowest GDP growth in over three decades

Oil prices dipped in the international market on Friday, as China registered its weakest quarter in terms of economic growth in almost three decades. Brent crude was down by 0.4%, to $59.70 a barrel. US WTI crude also slipped 0.1%, to $53.89 per barrel. China’s gross domestic product (GDP) growth slowed to 6% year-on-year in the third quarter, declining to its weakest pace in 27 and a half years.

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