Geo News, Pakistan | Oil Holds Near $47 as China's Economic Growth Beats Projections Bloomberg Oil held near $47 a barrel as investors assessed data showing the health of the economy in China, the world's second-biggest crude user. Futures fell 0.5 percent in New York after advancing 1.9 percent Friday. While China's gross domestic product ... Crude oil futures - weekly outlook: October 19 -23 Oil retreats in Asia as China slowdown weighs NYMEX-US crude holds above $47 on low US oil rig count |