Brent oil briefly slipped below the symbolic bar of 80 dollars a barrel on Tuesday, weighed down by a potential burst of rate hikes from the major central banks, amid uncertainty over the impact of new sanctions against Russian crude.
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Around 5:00 p.m. GMT, Brent from the North Sea for delivery in February, the benchmark for black gold in Europe, lost 3.14% to 80.08 dollars, when its American equivalent, WTI for delivery in January, fell by 2.90% to $74.72 a barrel.
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