Oil held in check as Chinese economy offsets trade optimism
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LONDON (Reuters) - Oil prices edged higher on Friday but were little changed on the week as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal.The world's second-largest economy grew by 6.1% in 2019, its slowest expansion in 29 years, government data showed on Friday."A well-expected fourth-quarter China GDP rate (6%) provided little clue for oil price trading on Friday..