Oil Steady as Market Awaits Chinese GDP Data

Oil Steady as Market Awaits Chinese GDP Data
The sun behind a crude oil pump jack in the Permian Basin in Loving County, Texas on Nov. 22, 2019. Angus Mordant/Reuters
Reuters
Updated:
0:00

LONDON—Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world’s second-largest oil consumer.

Brent crude futures were down 13 cents to $86.18 a barrel at 1018 GMT, while U.S. West Texas Intermediate crude was at $82.33 a barrel, down 19 cents.