(Bloomberg) -- Oil held its biggest weekly decline since July ahead of U.S.-China trade talks, as a string of disappointing data sparks fears of an economic slowdown.
The New York-traded futures were 0.2% lower Monday, after falling 5.5% last week. Chinese officials are signaling they’re increasingly reluctant to agree to a broad trade deal pursued by President Donald Trump. Last week, a key measure of American service-industry activity dropped to the lowest in three years, while an employment gauge registered its weakest reading in more than five years.
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