Brent crude settles at $112.71, down $1.73

NEW YORK Tue Feb 26, 2013 3:08pm EST

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NEW YORK Feb 26 (Reuters) - Brent crude oil futures fell $1.73, or 1.51 percent, to settle at $112.71 a barrel on Tuesday as inconclusive Italian election results revived investor concerns about instability in the euro zone and threatened the outlook for fuel demand.

The contract traded between $112.41 and $114.34 during the session. (Reporting by Gabriel Debenedetti; Editing by Dale Hudson)