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Monday 19 Oct 2015 - 11:12 Makkah mean time-6-1-1437
Photo: AFP
Singapore (IINA) – Oil prices dipped on Monday as China's economic growth eased in the third quarter to grow at the slowest pace since the start of the global financial crisis.
According to the Saudi Press Agency (SPA), Brent for December delivery fell 28 cents at $50.18 a barrel as of 0414 GMT.
U.S. crude for November delivery fell 15 cents at $47.11 after finishing the previous session up 7 cents.
China's GDP figures showed growth slowed to 6.9 percent between July-September, beating analysts' expectations for 6.8 percent growth, but down on a 7 percent rise in the second quarter.
AB/IINA
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