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Oil posts slight loss; gasoline up to $3.33

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The price of oil fell slightly Friday as a report showing a cooling off in new home sales offset the positive influence of ebullient U.S. stock markets. Benchmark oil fell 7 cents to close at $95.88 in trading on the New York Mercantile Exchange. It ended the week with a gain of 32 cents. The Commerce Department said new-home sales fell 7.3 percent last month to a seasonally adjusted...