Oil Gives Back Much Of Previous Session's Gain

MarketWatch Pulse

Oil futures fell on Thursday, giving up much of the gains they saw a day earlier. A rebound in the dollar and ongoing concerns over a supply glut and strong production in the U.S. pulled oil prices lower. April crude fell 70 cents, or 1.6%, to settle at $43.96 a barrel on the New York Mercantile Exchange.

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