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Oil dives on fears of glut, global economic slowdown

Updated : December 19, 2018 07:07 AM IST

Global benchmark Brent lost $1.93, or 3 percent to trade at $57.68 a barrel after earlier dropping to $57.20, a 14-month low.
World stock markets inched higher on Tuesday as investors looked ahead to whether the US Federal Reserve will be able to raise interest rates much further.
Oil dives on fears of glut, global economic slowdown
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