Trade Tensions Are Keeping A Lid On Oil Prices

Ongoing U.S.-China trade tensions continue to chip away at Chinese economic growth. China’s National Bureau of Statistics (NBS) said on Thursday that the country’s economy slowed in the first two months of the year as the rate of industrial production fell to its lowest in a decade. Industrial production growth slowed to 5.3 percent in January and February compared to the same period a year earlier, down from 5.7 percent growth in December. The January and February output growth rate was the lowest since March 2009, at 5.1 percent.

Read more: https://bit.ly/2F85PWO