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Oil rises on Chinese factory data but set for weekly loss

FILE PHOTO: Illustration photo of crude oil being dispensed into a bottle
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TOKYO/LONDON (Reuters) - Oil prices rose on Friday but remained on track for a weekly loss as a surprise bounce in Chinese manufacturing activity calmed investors' worries about progress in U.S.-China trade talks.Brent crude was up 27 cents, or 0.4%, at $59.89 a barrel by 0930 GMT, on course for a drop of about 3.4% for the week.West Texas Intermediate crude rose 32 cents to $54.50 a barrel,..
Date Published: Nov 01, 2019
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