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Crude oil prices slide Monday

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Published: Dec. 7, 2009 at 7:37 PM
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NEW YORK, Dec. 7 (UPI) -- Crude oil prices dropped to nearly $74 per barrel on the New York Mercantile Exchange, with the dollar index falling 0.25 percent Monday.

Crude oil prices dropped last week on increases in U.S. inventories and the dollar's gain Friday.

On Monday, the price of light, sweet crude lost 89 cents to $74.20 per barrel. Heating oil prices gained 0.0098 cents to $2.0195 per gallon. Reformulated gasoline prices added 0.0095 cents to $1.9501 per gallon. Natural gas prices added 0.026 cents to $4.997 per million British thermal units.

At the pump, the national average price of unleaded gasoline was $2.632 per gallon Monday, down from Sunday's $2.633, AAA said.

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