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Oil prices fall on demand fears over Fed's rates path

Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for longer, depressing consumer and industrial demand.Brent crude futures fell 64 cents, or 0.7 per cent, to $83.07 a barrel by 0845 GMT. U.S. West Texas Intermediate crude (WTI) slipped
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News Highlights : Top Global Markets News of the Day - Tuesday at 3 AM ET

Nasdaq Reaches Record to Start Week Tech stocks led the Nasdaq Composite to a new high as investors continued to bet on the strength of U.S. consumers and rate cuts. The Dow slipped 0.5% ahead... -May 21, 2024 at 03:18 am EDT - MarketScreener
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