Oil down as Ukraine jitters ease, US supplies rise

By NewsOK

The price of oil fell nearly 2 percent Wednesday as concerns over the crisis in Ukraine eased and U.S. supplies rose for a seventh straight week.

Benchmark U.S. crude for April delivery dropped $1.88, or 1.8 percent, to close at $101.45 a barrel on the New York Mercantile Exchange.

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TAGS Oil, News

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