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Oil falls as Fed minutes send U.S. equities down

Brent crude extended losses in late trading on Wednesday to settle below $103 a barrel, after minutes from the Federal Reserve sent U.S. stock markets down and compounded earlier oil weakness stemming from a rise in U.S. gasoline inventories. FULL STORY »

Gasoline and diesel fuel prices increase again

The U.S. average retail price of regular gasoline increased seven cents for the second consecutive week, to $3.67 per gallon as of May 20, 2013, down four cents from last year at this time. FULL STORY »

Oil ends lower, pares losses as dollar weakens

Crude oil futures ended lower on Tuesday, falling early as the dollar strengthened, then paring losses as the greenback weakened after a Federal Reserve official said he did not believe the U.S. central bank should pull back on its quantitative easing program. FULL STORY »

Oil falls on concern about Federal Reserve direction

Brent oil futures fell towards $104 per barrel on Tuesday, on concerns that the U.S. Federal Reserve might scale back its quantitative easing programme, which could damage fragile demand. FULL STORY »

Oil ends higher on weaker dollar, supplies weigh

Crude oil prices rose on Monday against a weaker dollar, but ample oil supplies limited gains, even as equity markets hovered at record levels. FULL STORY »

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