Mon, 19 Oct 2015 08:48:06 GMT
Oil drops as China's GDP growth slows in Q3
Crude futures edged lower on Monday after a mixed report on China's economic data, with ongoing worries about the global oversupply continue to weigh on traders' mood. Futures for WTI declined 0.49% to $48.04 per barrel, while contracts for Brent were traded 0.5% lower at $50.21 per barrel. Meanwhile, China's economy expanded 6.9% in the third quarter, beating estimates for