Oil fell toward $100 on Tuesday, extending losses from the previous session as a strengthening U.S. dollar triggered a wide sell-off across commodity markets.
U.S. crude dropped US$1.55 to US$100.03 a barrel by 1435 GMT after briefly dipping below US$100, following Monday's US$4.04 decline on end-of-quarter selling by funds locking in their profits in commodities to offset losses in other asset classes.
London Brent fell US99 cents to US$99.31 a barrel.
Gas oil futures were especially weak, dropping nearly 5% to US$921 a tonne as the heating oil season draws to a close.
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