Oil falls on U.S. refinery outage, persistent inflation

Capt. John

Oil prices fell by $1 on Thursday following a major U.S. refinery outage and as sticky inflation dampened hopes for near-term U.S. interest rate cuts, but worries that Iran might attack Israeli interests kept crude near six-month highs. Brent crude futures were down 68 cents, or 0.8%, to $89.80 a...


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