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Oil inches down as US inflation data, rising OPEC output weigh

By Inquirer - 9 months ago
NEW YORK  — Oil prices edged lower on Thursday as U.S. inflation data implied a softening of the world’s biggest economy that could weaken crude demand, with rising OPEC production also weighing on prices. Brent futures for April delivery settled at $83.62 a barrel, down 6 cents. U.S. crude settled at $78.26 a barrel, losing

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