OIL PRICE: NEAR $61 AGAIN
REUTERS - Oil slipped on Monday as China's economic outlook remained weak even as manufacturing data improved, with an ongoing trade war with the United States weighing on demand growth for the world's largest crude importer.
Brent crude LCOc1 futures were down 52 cents or 0.84% at $61.39 a barrel by 0846 GMT. U.S. West Texas Intermediate (WTI) crude CLc1 futures were 35 cents or 0.63% lower at $55.56 a barrel.
China's official Purchasing Managers' Index (PMI) rose to 49.8 in September, slightly better than expected and advancing from 49.5 in August.
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