Oil prices settle at a two-week low

Oil prices settled lower Thursday, with U.S. benchmark crude at its lowest level in just over two weeks, a day after the U.S. government reported weekly increases in U.S. crude and gasoline stockpiles and record weekly domestic production. April WTI crude fell 65 cents, or 1.1%, to settle at $60.99 a barrel on the New York Mercantile Exchange, the lowest finish since Feb. 14.

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From:: Stock Market News

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