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Europe's wobbly economy has also weighed on the euro, whose drop has pulled oil prices down in recent weeks. A stronger dollar makes commodities priced in dollars, such as crude, more expensive to investors with other currencies. The euro fell to $1.2457 from $1.2487 late Tuesday in New York. In other energy trading, heating oil was down 1.2 cents at $2.80 per gallon and gasoline futures fell 1.1 cents at $2.82 per gallon. Natural gas slid 2.2 cents at $2.46 per 1,000 cubic feet.
[Associated
Press;
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