
Oil fell for a fifth consecutive session Wednesday as an unexpected increase in U.S. oil and gasoline supplies offset positive economic news. Benchmark light sweet crude for November delivery fell 47 cents to close at 102.66 a barrel on the New York Mercantile Exchange. It was the lowest closing price since July 3. Oil has fallen 7 percent since hitting a two-year high of $110.53 on September 6.
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