WTI crude reverse monthly advance as U.S. fuel demand decreases

Source: Bloomberg
© Scanpix/Associated Press
West Texas Intermediate crude dropped for a second straight day, reversing a monthly gain on speculation that U.S. demand might slow. WTI for April settlement slid 53 cents to $101.87 a barrel on the New York Mercantile Exchange and traded at $102 at 10:02 a.m. in London. Brent for April delivery declined 46 cents to $108.50 a barrel on the London ICE Futures Europe exchange.

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