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Crude oil futures ended down on Tuesday, dropping from Monday's eight-week high, as the dollar's strength and forecasts that weekly inventory data would show domestic crude stocks rose pressured the market. A sharp drop in RBOB gasoline futures, also from eight-week highs hit on Monday, dragged crude futures lower as well. Gasoline fell after gaining in four of five previous sessions. A stronger dollar usually affects demand for commodities as it raises costs for users of other currencies.
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Last Updated ( Wed, 10 March 2010 )
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