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Oil wavers on demand concerns after Fed signals slower rate cuts

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Oil prices wobbled on Thursday after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts in 2025, which could hurt economic growth, reduce fuel demand and strengthen the dollar. Brent crude futures LCOc1 were little changed, drifting down by 3 cents to $73.36 a barrel by 0952 GMT. U.S. West ...

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