Oil Slips, But Gas Keeps Climbing

Oil and Gas Investing

CNN Money reports that on Monday, Oil prices plunged below $104 a barrel, but gasoline prices continued to rises nationwide.

CNN Money reports that on Monday, Oil prices plunged below $104 a barrel, but gasoline prices continued to rises nationwide.

The market news is quoted as saying:

The main U.S. oil futures contract, West Texas Intermediate, for May delivery dropped $1.42 to settle at $103.98 a barrel. Brent crude, the European benchmark, fell 92 cents to $114.87 a barrel.

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