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Oil falls more than $1 as Fed rate outlook stokes demand fears

HOUSTON :Oil prices fell more than 1 per cent on Tuesday as lingering U.S. inflation was poised to keep interest rates higher for longer, which could impact consumer demand at the pump.Brent crude futures fell by $1.16, or 1.4 per cent, to $82.55 a barrel by 11:45 a.m. ET (1545 GMT). U.S. West Texas Intermedi ....

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