UPDATE 6-Oil rises on weak dollar, Chinese growth data
* China's Q3 GDP growth up 7.8 percent
* Weak U.S. dollar boosting commodities
(Updates prices, changes byline, previous LONDON)
NEW YORK, Oct 18 (Reuters) - Oil prices edged higher on Friday on strong, third-quarter GDP growth data from No. 2 oil consumer China and a weakness in the U.S. dollar.
China's data gave the market early support, showing its economy grew at its quickest pace this year between July and September, up 7.8 percent.
Analysts said oil was also supported by the weak U.S. dollar, which fell to an eight-and-a-half month low against a basket of currencies. Foreign exchange traders believe concerns about the impact of the government shutdown could prevent the Federal Reserve from scaling back monetary stimulus.
Both international benchmarks, Brent and U.S. crude oil futures, were on pace to end the week down from last Friday when Brent settled at $111.28 a barrel and U.S. crude settled at $102.02.
On Friday, Brent crude traded up 43 cents to $109.54 a barrel at 12:27 p.m. EDT (1627 GMT). U.S. crude oil gained 21 cents to trade at $100.88 a barrel.
"The Chinese data gave us a bit of a bounce," said Phil Flynn, analyst at the Price Futures Group in Chicago, Illinois.
"We had some short-covering after a pretty good selloff yesterday."
Signs of progress around talks between Tehran and the West over Iran's nuclear program helped pressure prices on Thursday.
(Additional reporting by Claire Milhench and Alexander Winning in London, Manash Goswami in Singapore; Editing by James Jukwey and Leslie Gevirtz)