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Crude oil rebounds on business data

NEW YORK, April 2 (UPI) -- Crude oil prices rebounded to $105 per barrel Monday on strong data from the U.S. manufacturing sector.

U.S. manufacturing grew in March for the 32st consecutive month, growing at a faster pace than February, the latest Manufacturing Institute of Supply Manager's Report On Business said.

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The headline manufacturing index registered 53.4 percent, climbing above February's 52.4 percent.

On the New York Mercantile Exchange, May delivery crude oil climbed from an early-morning prices of $102.68 per barrel to $105.06. Home heating oil gained 0.15 cents to $3.2511 per gallon. Reformulated blendstock gasoline added 0.13 cents to $3.3835 per gallon.

Natural gas prices lost 0.8 cents to $2.144 per million British thermal units.

At the pump, the national average price of unleaded gasoline was unchanged from Sunday's $3.925, AAA said.

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