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Oil falls ahead of US jobs data, caution on interest rates
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Brent settles above $90 for first time since October on geopolitical tension
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Oil falls ahead of US jobs data, caution on interest rates | Hellenic Shipping News Worldwide
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(Reuters) -Global oil benchmark Brent on Tuesday rose above $89 a barrel for the first time since October, albeit briefly, as oil supplies faced fresh threats from Ukrainian attacks on Russian energy facilities and escalating conflict in the Middle East. U.S. West Texas Intermediate (WTI) crude futures for May rose $1.27, or about 1.5%, to $84.98 after touching a peak of $85.46, also the highest since October. A Ukrainian drone struck one of Russia's biggest refineries on Tuesday in an attack that Russia initially said it repelled.