Tue, 20 Jan 2015 11:27:06 GMT
Oil prices fall amid poor China GDP
On Tuesday prices for oil slumped due to China's GDP growing at the slowest rate in 24 years, along with concerns over weaker demand and supply glut. China, the world's second biggest economy, rose by 7.4% in 2014, slightly less than the expectation of 7.5%. Fourth quarter growth rate was at 7.3%, better than anticipated, but at its slowest in