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Crude oil futures fell Monday on barrels for June delivery by $1.41, or 2.7% on the New York Mercantile Exchange due to fears that the recent outbreak of swine flu would further reduce global demand for petroleum products, in particular airline fuel for global travel in North America as consumers seek to avoid the infected [...]

Oil and gas stocks moved in and out of positive territory in early trading on Wednesday as crude oil prices gained ground ahead of a government update on petroleum inventories due later in the morning. Crude for May delivery was up 25 cents, or 0.5%, to $49.66 a barrel in electronic trading on Globex. Natural [...]

Oil prices topped $54 a barrel Monday, getting a boost from stock investors who seemed hopeful a new plan to resolve the nation’s banking crisis would spur economic growth. Better-than-expected housing news helped too.
Benchmark crude for May delivery rose $1.73 to settle at $53.80 a barrel in trading on the New York Mercantile Exchange, continuing [...]