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Oil little changed after US supply data

By The Associated Press
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NEW YORK (AP) — The price of oil was little changed Wednesday as rising U.S. supplies offset a strong report on U.S. consumer spending that pointed to growing demand for oil and gas in a strengthening economy.

Benchmark oil for April delivery fell 2 cents to close $92.52 on the New York Mercantile Exchange. It was the first decline in the last five trading sessions.

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