Oil sags on soft Chinese spending, investor pause before US Fed rate move
By Laila Kearney NEW YORK (Reuters) – Oil futures slipped from the highest levels in several weeks on Monday on weakness in consumer spending in China, 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 settled at $73.91 a barrel, down 58 …
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