Oil falls as US rate hike expectations offset tight supply outlook

Oil falls as US rate hike expectations offset tight supply outlook

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Oil prices fell in early Asian trade on Thursday, after posting the largest fall in a month in the previous session, as U.S. interest rate hike expectations offset the impact of drawdowns in stockpiles. futures for November delivery were down 71 cents, or 0.76%, to $92.82 a barrel by 0608 GMT.…

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