Oil edges up on upbeat US economic data
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Oil prices edge up on strong US economic data, with Brent crude futures rising 30 cents to $82.01 a barrel and US West Texas Intermediate crude gaining 54 cents to $78.13; US GDP data suggests a strong economy and potential increase in oil consumption; concerns remain about lower oil imports from China due to weaker fuel demand and sluggish economic growth; China's central bank unexpectedly cuts interest rates to support its weakening economy.

#OilPrices #UsEconomy #China'sEconomy

https://www.brecorder.com/news/40314413/oil-edges-up-on-upbeat-us-economic-data