Oil prices slip on Saudi pledge, financial markets look to Fed
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LONDON (Reuters) - Oil prices cooled on Wednesday as Saudi Arabia's pledge to quickly restore production eased supply worries, while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.European stocks were largely subdued, with luxury stocks one of the few sectors seeing activity. Swiss luxury goods group Richemont fell more than 5%, weighing on the pan-European STOXX 600 index , while Swatch declined 3.3% after a bearish note by UBS.The..