Oil edges down on weak Chinese data

New economic data from China on Thursday fails to calm investors as industrial output and retail sales growth in May falls short of forecasts.

North Sea oil rig. | Photo: Pool New/Reuters/Ritzau Scanpix

BY MARKETWIRE, TRANSLATED BY SIMON ØST VEJBÆK

Oil extends losses as new key Chinese data shows weak economic recovery for the world’s largest oil importer.

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