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The meeting came as divisions grow in Europe over the proposed tariffs
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Oil falls to $113 as expectations of Syria strike ebb
Global oil prices fell to about $113 a barrel on Tuesday after a Russian proposal to avert a US strike on Syria appeared to gather steam, easing investor concerns that another Middle East conflict would further disrupt fuel supplies.
But upbeat Chinese data raised expectations of a rebound in demand from the world’s No. 2 oil consumer, helping Brent crude recover from session lows. Brent for October delivery was down 66 cents at $113.06 per barrel by 0924 GMT, after touching a session low of $112.61, its weakest since September 2.
US crude dropped as low as $108.20 a barrel before recovering slightly to $108.50, down $1.02. Brent hit its session low after Russia offered to help put Syria’s chemical weapons under international control and US President Barack Obama said he saw a possible breakthrough in the crisis.
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