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On Friday, the crude market was caught between optimism for US-China trade talks and slumping Chinese economy. WTI went down by 0.2% and was traded at $53.70 per barrel while Brent increased a little, at $60.87 per barrel. Trump has announced a meeting with the Chinese President soon for a potential trade deal. Despite this, oil prices were weighed down on Friday due to the shrinkage in China's factory activities.
