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Oil eases on lackluster Chinese import data, US economic woes
Oil prices fell on Tuesday, retreating from strong gains in the previous two sessions, due to lackluster Chinese import data and worries about U.S. economic growth, banking sector turmoil and debt-ceiling talks in Washington that could pressure demand. Brent crude was down 74 cents, or 1%, at $76.27 a barrel by 12:57 p.m. EDT (16:57…