Oil ticks up as rising crude stocks are offset by products demand

LONDON (Reuters) - Oil prices rose slightly on Friday as concern over an economic slowdown in China, the world's biggest oil consumer, was countered by bullish signals from both the Chinese and U.S. refining sectors.Erasing earlier losses, global benchmark Brent crude oil futures rose 10 cents to $60.01 a barrel by 0927 GMT.U.S. West Texas Intermediate (WTI) crude futures edged up by 26 cents to $54.19. Both contracts were on track for weekly declines of less than 1%. In the third quarter,..