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Meanwhile oil prices fell after a two-day rise. Analysts and economists say they're concerned about the effect of high fuel prices on the fragile recovery. Federal Reserve policy makers underscored those concerns, saying in meeting minutes released Tuesday that they're worried that the pace of hiring could slow if the economy doesn't pick up. Benchmark U.S. crude fell $1.22 to end the day at $104.01 per barrel in New York, and Brent crude was down 57 cents to finish at $124.86 per barrel in London. In other energy trading, heating oil fell by 2.21 cents to finish at $3.2275 per gallon and gasoline futures rose 1.32 cents to end at $3.3954 per gallon. Natural gas increased by 3.5 cents to finish at $2.1870 per 1,000 cubic feet.
[Associated
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