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Asharq Al-Awsat

Business

Asharq Al-Awsat

HISTORICAL FACTS: Oil steady as market awaits china gdp data | History Defined

Oil China GDP IEA ING International Energy Agency United States

A oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017. REUTERS/Christian Hartmann/File Photo

Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world's second-largest oil consumer.

Brent crude futures nudged 7 cents lower to $86.24 a barrel by 0746 GMT, while US West Texas Intermediate crude was at $82.47 a barrel, down 6 cents.

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