Oil Falls on Bearish US Economic Data

Oil Falls on Bearish US Economic Data

HOUSTON: Oil prices fell 2 percent on Tuesday, reversing previous gains as U.S. consumer prices rose in August. Price giving cover for the U.S. Federal Reserve to deliver another sharp interest rate hike next week. Brent futures for November delivery fell $2.05, or 2.2 percent, to $91.95 a barrel at 11:38 a.m. ET (1638 GMT). […]