Oil Declines Most in a Week

Bloomberg reports that oil fell for the first time in three days in New York.

The market news is quoted as saying:

Crude for April delivery slid as much as $1.86, the biggest decline since Feb. 24, to $100.37 a barrel in electronic trading on the New York Mercantile Exchange and was at $101.19 at 1:34 p.m. in London. Yesterday it settled yesterday at $102.23, the highest since Sept. 26, 2008.

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