Oil steadies as demand concerns counter U.S.-China trade hopes
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NEW YORK (Reuters) - Oil prices steadied on Friday, but were on track for weekly losses, as concerns about slowed global economic growth contended with hints of progress in the U.S.-China trade dispute. Brent crude futures rose 5 cents to $60.43 a barrel by 1:14 p.m. EDT (1714 GMT). U.S. West Texas Intermediate (WTI) crude futures delivery fell 1 cent to $55.08 a barrel.Brent was on track to fall 1.8% for the week, its first decrease in five weeks. WTI was set for a 2.5% loss for the week,..