* China data expected to show growth recovery
* Political impasse on U.S. fiscal crisis in focus
* Coming up: U.S. non-farm payrolls; 1330 GMT
(Previous SINGAPORE, updates prices)
LONDON, Dec 7 Oil edged above $107 a barrel on
Friday supported by expectations of a recovery in Chinese
economic growth, although concern about weakness in Europe and
the United States kept prices on course for a weekly decline.
Chinese growth is reviving, leading to some optimism about
demand from the world's top energy consumer. Annual growth in
factory output, investment and retail sales may have gained pace
in November, a Reuters poll showed ahead of figures on Dec. 9.
"The big picture is that Europe is weak, (the) U.S. is
undecided and China is strong, so the news flow from these three
will be what determines prices," said Jonathan Barratt, chief
executive officer at Barratt's Bulletin, a Sydney-based research
Brent crude added 33 cents to $107.36 by 0934 GMT,
after dropping for four straight sessions. For the week, Brent
was down about 3.4 percent, its biggest decline since the week
to Nov. 2. U.S. crude rose 15 cents to $86.41.
Economic worries about both sides of the Atlantic have
curbed investor appetite for riskier assets, dragging down the
Thomson Reuters-Jefferies CRB index, a bellwether for
commodities, about 4 percent so far this quarter.
Germany's Bundesbank cut its growth outlook for next year on
Friday as the euro zone debt crisis takes its toll on Europe's
largest economy, but added that the country would return to its
growth path soon.
Adding to the jitters was the political impasse on the U.S.
Republicans in Congress and President Barack Obama spent
much of Wednesday talking up their positions on the "fiscal
cliff" and though Obama and Republican House Speaker John
Boehner spoke by phone, neither side offered any new compromises
Later on Friday, investors will focus on the latest U.S.
jobs report. The non-farm payrolls data for November which may
show a slowdown in job growth in the aftermath of Superstorm
Sandy that disrupted economic activity.
Federal Reserve policymakers are scheduled to meet Dec.
11-12 to review monetary policy. Oil exporter group OPEC also
meets next week, on Wednesday, and is not expected to alter
(Reporting by Ramya Venugopal and Alex Lawler; Editing by