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Oil Falls About 3% As Investors Focus On Fed Rate Hike

Oil prices fell about 3 percent on Wednesday as investors worried that a Fed rate hike could push the U.S. economy into a recession and dampen fuel demand. Brent crude futures fell $2.91, or 2.5%, to $111.74 a barrel. The global benchmark hit an intraday low of $107.03, its lowest

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