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NEW YORK — Oil futures extended their declines Thursday as concerns about the economy and demand for oil grew and the dollar strengthened.
Retail gas prices, meanwhile, fell further below their recent records, while diesel rose to a record above $4 a gallon.
Light, sweet crude for May delivery fell 70 cents to settle at $101.84 a barrel on the New York Mercantile Exchange after sliding to as low as $98.65 earlier.
At the pump, the national average of gas slipped by 0.4 cents to $3.275, according to AAA.
