Sep 14, 2018 10:09 AM IST | Commodities
Oil prices claw back some ground, but demand worries drag
Brent crude was up 23 cents, or 0.3 percent, at $78.41 a barrel by 0122 GMT, after falling 2 percent on Thursday. The global benchmark the day before rose to its highest since May 22 at $80.13 a barrel.
China will not buckle to US demands in any trade negotiations, the major state-run China Daily newspaper said in an editorial on Friday, after Chinese officials welcomed an invitation from Washington for a new round of talks.
US companies in China are being hurt by mounting trade tensions between Washington and Beijing, according to a survey, prompting US business lobbies to urge the Trump administration to reconsider its approach.
Published Date: Sep 14th, 2018 07:59 AM | Updated Date: Sep 14, 2018 10:09 AM IST