Oil Falls on Weak Economic Data and Fed Hawkish Comments

Oil Falls on Weak Economic Data and Fed Hawkish Comments

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0118 GMT — Oil falls in early Asian trade as weak economic data and prospect of further rate hikes by the U.S. Federal Reserve weigh on sentiment. Minneapolis Fed President Neel Kashkari warned that it’s too soon to declare victory over inflation and doing too much is preferable to too little,…

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