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 VIENNA, Austria (AP) - Oil prices fell in light trading Monday, eased by the end of a Nigerian oil workers' strike over the weekend.
Still, with the Memorial Day weekend formally signaling the start of the U.S. driving season, the market anticipated potential upswings in prices believing that Americans were ready to take to the highways — despite near-record gasoline prices.
"Over the Memorial Day weekend, some 32.1 million Americans were expected to cover distances of 50 miles or more," Vienna's PVM Oil Associates said, citing the American Automobile Association. "This represents a 1.8 percent increase from last year's level."
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