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CHICAGO (AP) - Gasoline futures rose to a record high on the New York Mercantile Exchange, supported by a report that forecast higher summer demand amid declining inventories.
Crude oil also rallied to an exchange record on the back of gasoline's gains.
After climbing as high as $57.70 a barrel, a new intraday high, light, sweet crude for May delivery settled at $57.27 a barrel , an increase of $1.87.
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