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Oil down 5 percent, gasoline drop briefly halts U.S. trade

Oil prices tumbled nearly 5 percent on Wednesday, as easing supply concerns sent gasoline into a tailspin that briefly forced trading on the New York Mercantile Exchange to stop.

 

Oil price jumps amid fierce fighting in Libya

Oil price jumps amid fierce fighting in Libya

The crisis in Libya again pushed oil prices higher as the New York Mercantile Exchange opened for trading Monday.

 

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