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Oil falls a second day on stronger US dollar | Commodities

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Oil fell for a second day as the dollar strengthened and an industry-funded report showed an increase in US crude supplies, fanning concern that demand in the world’s biggest energy user is slow to recover. Crude oil dropped yesterday after the US currency rose against the euro amid
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Oil Surges, Gasoline Rises to 17-Month High, on U.S. Job Report - Bloomberg.com

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Oil rose as much as 2.3 percent after the Labor Department reported that payrolls dropped 36,000 last month. The total was forecast to fall by 68,000, according to economists surveyed by Bloomberg News. U.S. fuel use, averaged over the past four weeks, was 19.3 million barrels, up 3 percent
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