Oil prices moved little on Friday as Chinese business activity data offered mixed economic cues on the world’s largest crude importer, while markets also awaited fresh direction from an OPEC meeting next week. Chinese purchasing managers’ index (PMI) data showed that manufacturing activity slowed in March, albeit at a smaller-than-expected pace, while non-manufacturing activity grew at its fastest pace in 12 years. Still, weakness in factory activity- which acts as a bellwether for the Chinese economy- raised some concerns over commodity demand in the country. Chinese factories are grappling with a pronounced ... (full story)