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Oil falls after US Fed governor says no rush to cut interest rates

By Inquirer - 9 months ago
SINGAPORE   – Oil prices fell on Friday after a U.S. Fed official said interest rate cuts should be delayed at least two more months. Brent crude futures were down 25 cents, or 0.3 percent, at $83.42 a barrel at 0212 GMT, while U.S. West Texas Intermediate crude futures were 25 cents, or 0.3 percent, lower

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