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Oil falls on lingering demand concerns in China

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Oil prices dipped on Tuesday on worries of a slowing Chinese economy crimping demand and despite a growing consensus the U.S. Federal Reserve could begin cutting its key interest rate as soon as September. Brent futures were down 67 cents, or 0.8%, to $84.18 a barrel by 0811 GMT, while U.S. West Texas Intermediate (WTI) ...

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