Oil Prices Down Seven Sessions In a Row

By Myra P. SaefongMarketsMarketWatch Pulse

Oil prices fell Tuesday, with West Texas Intermediate crude down a seventh straight session. Monthly data from the Organization of the Petroleum Exporting Countries showed growth in U.S. crude production and Saudi Arabia told OPEC that its output increased in February. April WTI crude fell 68 cents, or 1.4%, to settle $47.72 a barrel on the New York Mercantile Exchange.

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