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The American Petroleum Institute will release its report on oil stocks later Wednesday, while the report from the Energy Department's Energy Information Administration
-- the market benchmark -- will be out on Thursday. Brent, the benchmark for international crudes, dropped 77 cents to $114.91 a barrel on the ICE Futures exchange in London. In the U.S., the average price for a gallon of gasoline held steady at $3.59. That's 2 cents less than a week ago and 23 cents cheaper than at this time last year. In other energy futures trading on Nymex: Wholesale gasoline was flat at $2.86 per gallon. Heating oil fell 1 cent to $3.14 per gallon. Natural gas rose 2 cents to $3.68 per 1,000 cubic feet.
[Associated
Press;
Pamela Sampson in Bangkok contributed to this report.
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