Brent crude futures edged seven cents lower to $89.85 a barrel by 0826 GMT, while U.S. West Texas Intermediate crude futures dipped 23 cents to $86.64
Oil prices were stable on Friday, as investors weighed fears about the health of China’s economy against supply cuts from major producers Saudi Arabia and Russia.
Data on Thursday showed overall exports and imports in the world’s second-largest economy fell in August, as sagging overseas demand and weak consumer spending squeezed businesses. Brent crude futures edged 7 cents lower to $89.85 a barrel by 0826 GMT, while U.S. West Texas Intermediate crude futures dipped 23 cents to $86.64.
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