Oil steady as China economic concerns counter rising refinery runs
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NEW YORK (Reuters) - Oil prices steadied on Friday, with countervailing signals from China's economy and refining sector balancing each other out, while hopes rose for progress toward a U.S.-China trade agreement after optimistic signals emerged from negotiations. Benchmark Brent crude oil futures fell 37 cents to $59.54 a barrel by 11:35 a.m. EDT (1535 GMT). U.S. West Texas Intermediate (WTI) crude futures were unchanged at $53.93 a barrel.Brent was on track to lose 1.5% for the week, while..