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Oil prices fall on soft Chinese spending, ahead of U.S. Fed rate move

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Oil futures eased from the highest levels in several weeks on Monday on weakness in consumer spending in China, which is the world’s largest oil importer, and as investors paused buying ahead of the U.S. Federal Reserve’s interest rate decision. Brent crude futures fell 45 cents to $74.04 a barrel by 11:06 a.m EST, after ...

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