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Oil prices dropped today, stressed by weak Chinese economic data for September, contributing to the concerns about the U.S.-China trade deal feasibility. Brent crude futures LCOc1 were priced 0.5% lower, at $59.067 barrel. US WTI crude futures CLc1 dipped 0.4%, to $53.38 a barrel. “China’s exports and imports shrunk more than expected in September, as ongoing tariffs and a slowdown in global trade undercut demand,” analysts at ANZ bank said.
