Oil futures are higher Friday after China announced that its economy grew 7.8% in the third quarter from a year earlier, supporting prices which had fallen to a three-and-a-half month low overnight on the New York Mercantile Exchange. That China’s third-quarter gross-domestic-product growth met expectations suggests “the worst may be over for now” after two consecutive quarters of deceleration, said Singapore’s United Overseas Bank U11.SG -0.10% United Overseas Bank Ltd. Singapore: SGX $ 20.78 -0.02 -0.10% Oct. 18, 2013 3:16 pm Volume : 857,000 P/E Ratio 11.24 Market Cap $33.00 Billion Dividend Yield 1.92% Rev. per Employee N/A 10/18/13 Oil Boosted by China Growth Da… 10/17/13 China’s Yuan Marches to Record… 10/16/13 U.S. Dollar Set to Rally But B… More quote details and news ยป U11.SG in Your Value Your Change Short position in a research note. China’s first- and second-quarter GDP figures came in at 7.7% and 7.5%, […]