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NEW YORK — Oil prices dipped below $100 a barrel Wednesday as ample increases in U.S. crude and gasoline supplies added to mounting evidence that a rough economy is forcing Americans to drive less.

Light, sweet crude for November delivery fell $2.11 to settle at $98.53 a barrel on the New York Mercantile Exchange. Prices traded erratically, however, rising as high as $102.84 overnight and falling as low as $95.95.

Crude prices have seesawed in recent days as investors wait to see if lawmakers will approve a $700 billion U.S. financial-bailout plan.

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