March 20, 2012 / 2:02 PM / 5 years ago

U.S. crude extends losses, falls $2 as April to expiry

NEW YORK, March 20 (Reuters) - U.S. front-month April crude
futures fell $2 on Tuesday as recent increased production from
Saudi Arabia and revived exports from Libya, along with economic
growth concerns, stronger dollar and weaker equities, combined
to pressure oil prices.	
    U.S. April crude, expiring at the end of Tuesday's
session, fell $1.72 to $106.37 a barrel by 9:54 a.m. EDT (1354
GMT), having traded from $106.06 to $107.91.	
	
 (Reporting by Robert Gibbons)

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