Crude oil lower; Fed rate hike fears prompt selling

Crude oil lower; Fed rate hike fears prompt selling

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Investing.com -- Oil prices slumped Tuesday as concerns about future economic growth, particularly in the U.S., the largest consumer of crude in the world, overshadowed relief over the signing of a deal to lift the U.S. debt ceiling. By 09:00 ET (13:00 GMT), futures traded 2.6% lower at $70.78 a…

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